Wholesale Deal - 13162 W. Saguaro Lane

Wholesale Deal - 13162 W. Saguaro Lane

Buy and hold property or quick fix and flip.  4 bedroom, 3 bathroom, 1860 square feet, on 6000+ sq ft lot, built in 1999.  Very active community.  Solid value.  Estimated budget yields a 30% ROI.  Average rent is $1300/mo.  With small investment in back yard estimated CAP would be just over 9%.

Needset:  Counters, backyard, paint, clean.

Wholesale Price:  $168k
Estimated Rehab:  $8k
Estimated ARV:  $215k

CASH/HARD MONEY BUYERS ONLY - MUST HAVE PROOF OF FUNDS

Close of escrow on or before 12/13/2017... can extend if needed.  First signed contract and $2500 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 $2500 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 - follow link:
https://www.dropbox.com/sh/pg1a4u0l99kkn0u/AAAzT2r7gQu3-DdFy-vaC8Pra?dl=0


Comps:

Estimated Budget:

Property Address
	Purchase Price				168000
		Front side
		Hard Mony loan						134400
		Hard money down payment					33600
		Interest hard money
		- 18% 6month term - 4 months			2016		8064
		Closing costs					1500
		Remodel					8000
		Insurance					700
		APS/Water					700
			Total cash invest				52564	52564
			Total Frontside costs					186964
		Backside
		Estimated renovated sales price						215000
		Realestate commission			0.05		10750
		title fees					1500
			total fees				12250	12250
			total frontside costs					186964
		Total Earnings						15786
		ROI						0.30032