3004 N 34th Pl,
Phoenix, AZ 85018
Pre - Thanksgiving Turkey Deal... Gooble Gooble!
Pre - Thanksgiving Turkey Deal... Gooble Gooble!
Estimated 50% ROI .... Cute floorplan in Arcadia Lite. 4 bedroom, 1.75 bath, 1360 sq feet on 9000 sq foot lot. Zoned [R-3] Multiple Family Residence (Detached SF 5 To 6.5 Or 12 W/Bonus) (Attached 14.5 To 15.23 Or 17.4 W/Bonus). Lot has room to add on for multi-unit complex.
Need set: Cosmetic update and covered parking
Need set: Cosmetic update and covered parking
Wholesale Price: $158k
Estimated Rehab: $50k
Estimated ARV: $280k
Estimated Rehab: $50k
Estimated ARV: $280k
DO NOT DISTURB OCCUPANTS. Need to set appointment to view.
CASH/HARD MONEY BUYERS ONLY - MUST HAVE PROOF OF FUNDS
Close of escrow on or before 11/22/2016. First signed contract and $5000 non-refundable deposit to title wins. Buyer pays all closing costs. .
See below for fun disclaimers, ESTIMATED budget, pics, and comps and link to comps:
Fun disclaimers:
All Prices based on cash sale with $5k 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.
Comps:
Pics:
Estimated Budget:
Property Address | ||||||||
Purchase Price | 158000 | |||||||
Front side | ||||||||
Hard Mony loan | 126400 | |||||||
Hard money down payment | 31600 | |||||||
Interest hard money | ||||||||
- 18% 6month term - 4 months | 1896 | 7584 | ||||||
Closing costs | 1500 | |||||||
Remodel | 50000 | |||||||
Insurance | 700 | |||||||
APS/Water | 700 | |||||||
Total cash invest | 92084 | 92084 | ||||||
Total Frontside costs | 218484 | |||||||
Backside | ||||||||
Estimated renovated sales price | 280000 | |||||||
Realestate commission | 0.05 | 14000 | ||||||
title fees | 1500 | |||||||
total fees | 15500 | 15500 | ||||||
total frontside costs | 218484 | |||||||
Total Earnings | 46016 | |||||||
ROI | 0.499718 | |||||||
No comments:
Post a Comment