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Updated over 7 years ago on . Most recent reply

User Stats

35
Posts
7
Votes
Shane Albert
  • Dixon, IL
7
Votes |
35
Posts

How did I do assessing this deal?

Shane Albert
  • Dixon, IL
Posted
Ok, I want you guys to review my quick assessment of this property. I am sort of practicing finding deals haha. Basically, assess my assessment. Ok here's what I came up with. Listed: 59,000 Comps: 75-120k Proj ARV: 105,000 Proj rehab: 20,000 Max offer: 53,500 Total invested: 73,500 Proj profit: 31,500 https://www.redfin.com/IL/Dixon/701-Institute-Blvd-61021/home/63165982 How far off was I? Do you see more or less in the rehab? What's the worst case scenario? Thanks!

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