Sacramento Area Wholesaling Opportunity (Fair Oaks, CA)

[Samir Pathak]

Hi BP - would love to hear your thoughts on a wholesaling opportunity I was given. The comps seem okay enough to me, but something doesn't add up given the estimated rehab and ARV amounts. The property isn't listed as pending, so I'm wondering how this house could even be wholesaled.

Below are the estimates I was provided along with the comps used for the CMA. I'm brand new to this, so there may be something glaring that I'm missing. Any insight is helpful!

Wholesale property
5317 Hibiscus Drive, Fair Oaks, CA 95628
3 bed, 3 bath, 2086 sqft
Purchase Price: $342,000
Rehab: $15,000
ARV: $450,000

8 Comps covering low, medium, and high properties

(cc @Charlie Brown)