Monday, June 12, 2017

Wholesale Deal - 4817 E Acoma Drive Scottsdale, AZ 85254 - Est. 39% ROI

Wholesale Deal - 4817 E Acoma Drive Scottsdale, AZ 85254

Fantastic flip opportunity in Scottsdale.  Nestled in a quite Paradise Valley neighborhood, close to Paradise Valley Mall, shopping, dining, and freeway access.

3 bedroom, 2 bath, vacant, 2074 square feet, built 1978, 2 car garage, 10k+ lot size, POOL, and basketball hoop.


Wholesale Price:   $340k
Estimated Rehab:  $30k
Estimated ARV:    $460k

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:



Comps:




Estimated Budget:

Purchase Price 340000
Front side
Hard Mony loan  272000
Hard money down payment 68000
Interest hard money 
- 18% 6month term - 4 months 4080 16320
Closing costs 1500
Remodel 30000
Insurance 700
APS/Water 700
Total cash invest 117220 117220
Total Frontside costs 389220
Backside
Estimated renovated sales price 460000
Realestate commission 0.05 23000
title fees 1500
total fees 24500 24500
total frontside costs 389220
Total Earnings 46280
ROI 0.394813172