REDUCED Wholesale Deal - 665 E BIRD LN, Litchfield Park, AZ 85340

REDUCED Wholesale Deal - 665 E BIRD LN, Litchfield Park, AZ 85340


ESTIMATED 95% ROI .... 2 bed, 3 bath, 3838 sq ft, with an over sized pool, backing to Wigwam Resort GOLD course with Tee box views, on over 1/2 acre lot in OLD Litchfield Park, with 3 car garage and circular drive.  Soaring vaulted beam ceilings and massive focal point fireplace.  Large kitchen with room to make changes.  Enlarged patio with golf course views.  Dining room with separate patio gives fabulous potential for entertaining guests.  Has specious den/office with wet bar that can be easily converted into another bed/bath suite.  Literally down the street from Wigwam Resort.  Close to dining, freeway access, and shopping.  Property has all the makings of a "home run" type flip - great purchase price, DESIRABLE neighborhood, fantastic location!!

Wholesale Price: $615,000
Estimated Rehab:  $200,000
Estimated ARV:  $1.25m

First signed contract and $5000 non-refundable earnest money deposit wins.   Close of escrow is on or before 4/26/2016 and buyer to pay all closing costs.

Fun disclaimers, ESTIMATED BUDGET with 95% ROI, Pics, and Comps below:

All Prices based on cash sale with $5,000 non-refundable deposit to secure property. 

IMPORTANT INFORMATION

• All properties offered are either owned or are under contract and selling equitable interest or offered in conjunction with business associate.

• One of managing members is a licensed Real Estate Agent in the state of Arizona.

• If estimated values are provided, they are based on interpretation of MLS and Tax Data.
• Hard Money Available on most transactions at range of 14-18% with 20-30% down and transaction fee.
• Price is net to seller and Buyer pays all closing cost
• Buyer agrees to double close of escrow

Investors/buyers are encouraged to conduct their own due diligence. The members of the selling entity are not tax or financial advisers. You should consult with a certified financial and/or tax adviser on any investment you are considering. Buyer pays all closing costs.

Pics:

More Pic, comp properties, and MLS listing:
http://www.flexmls.com/cgi-bin/mainmenu.cgi?cmd=url+other/run_public_link.html&public_link_tech_id=17vjij2nfkp0&s=12&id=1&cid=1

CMA:

 


Estimated Budget with 95% ROI:

Purchase Price 615000 Front side Hard Mony loan  492000 Hard money down payment 123000 Interest hard money  - 18% 6month term - 4 months 7380 29520 Closing costs 1500 Remodel 200000 Insurance 700 APS/Water 700 Total cash invest 355420 355420 Total Frontside costs 847420 Backside Estimated renovated sales price 1250000 Realestate commission 0.05 62500 title fees 1500 total fees 64000 64000 total frontside costs 847420 Total Earnings 338580 ROI 0.952619