Wholesale deal - 9820 N. 50th DR, Glendale, AZ 85302

Wholesale deal - 9820 N. 50th DR, Glendale, AZ 85302

ESTIMATED 40% ROI

3 bedroom, 2 bath, 1745 sq ft, 2 car garage on over sized lot.  Split floor plan that was remodeled in 2010.  Has newer roof and newer AC.  Easy rehab.  Tile flooring and cabinets are usable.

Need set:  Cosmetic - paint, counters, carpet, tidy landscape

Wholesale Price:  $163,500
Estimated Rehab:  $10,000
Estimated ARV:  $218,000

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 11/28/2016.  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.

PICS:

Comps:

Estimated Budget:

Property Address
	Purchase Price				163500
		Front side
		Hard Mony loan						130800
		Hard money down payment					32700
		Interest hard money
		- 18% 6month term - 4 months			1962		7848
		Closing costs					1500
		Remodel					10000
		Insurance					700
		APS/Water					700
			Total cash invest				53448	53448
			Total Frontside costs					184248
		Backside
		Estimated renovated sales price						218000
		Realestate commission			0.05		10900
		title fees					1500
			total fees				12400	12400
			total frontside costs					184248
		Total Earnings						21352
		ROI						0.399491