Wholesale Deal - 6502 W. Orange Drive, Glendale, AZ 85301

Wholesale Deal - 6502 W. Orange Drive, Glendale, AZ 85301

Fantastic flip or buy and hold opportunity in Maryvale.

5 bedroom, 3 bath, with mother-in-law suite attached. Mother-in-law suite has it own Family room, bathroom, kitchen, and bedroom.  Home is 2338 sq ft, lot size is 9512 sq ft, built in 1960.


Wholesale Price:   $145k
Estimated Rehab:  $25k
Estimated ARV:    $200k

Escrow is open a First American Title, Geri Fortune is Escrow officer (623)537-1608.  First contract and $5k non-refundable deposit to title wins.  GO!

See below for fun disclaimers, ESTIMATED budget, pics, and comps:

Fun disclaimers:

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

eIMPORTANT 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 link:
https://www.dropbox.com/sh/y0nuhway6gsv5ql/AAB8qXeup7t50QyjgdNMh5h4a?dl=0


Comps:

Estimated Budget:

Purchase Price				145000
	Front side
	Hard Mony loan						116000
	Hard money down payment					29000
	Interest hard money
	- 18% 6month term - 4 months			1740		6960
	Closing costs					1500
	Remodel					25000
	Insurance					700
	APS/Water					700
		Total cash invest				63860	63860
		Total Frontside costs					179860
	Backside
	Estimated renovated sales price						200000
	Realestate commission			0.05		10000
	title fees					1500
		total fees				11500	11500
		total frontside costs					179860
	Total Earnings						8640
	ROI						0.135296