Wholesale Deal - 1812 N. 48th Place Phx, AZ 85008 - Estimated 68% ROI

Wholesale Deal - 1812 N. 48th Place Phx, AZ 85008 - Estimated 64% ROI

5 Minutes from the airport, close to Arcadia, Scottsdale, Old Town, down town, sports, hiking, and night life.  

1615 sq feet built in 1956. 4 bedroom, 2 bathroom. 1/4 acre + corner lot with RV gate and 1 car garage.  New AC and New roof. Property is completely empty.  Call for viewings.

OPTION 1 Need set:  Cosmetic updating, enlarge master suite or add on a second master suite.  

Wholesale Price:  $245k

Estimated Rehab:  $60k

Estimated ARV:    $420k+

OPTION 2 Need set:  Keep current square footage, cosmetic updates

Wholesale Price:  $245k
Estimated Rehab:  $30k
Estimated ARV:   $329k

Call me for access. (623)237-2388

First contract and $5k non-refundable deposit to title wins.  Buyer to pay all closing costs.  GO!

See below for fun disclaimers, link to pics, estimated budget, and comps:

Link to pics:  https://www.dropbox.com/sh/entwi6j0ka3573d/AADGKv9Yi2e2VRI3gHBQQu_2a?dl=0

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 10-18% 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 OPTION 1:

ESTIMATED BUDGET OPTION 1:

Purchase Price 245000 Front side Hard Mony loan  196000 Hard money down payment 49000 Interest hard money  10% 6month term - 4 months 1960 7840 Closing costs 1500 Remodel 60000 Insurance 700 APS/Water 700 Total cash invest 119740 119740 Total Frontside costs 315740 Backside Estimated renovated sales price 420000 Realestate commission 0.05 21000 title fees 1500 total fees 22500 22500 total frontside costs 315740 Total Earnings 81760 ROI 0.682813

Comps OPTION 2

ESTIMATED BUDGET OPTION 2:

Purchase Price				245000
	Front side
	Hard Mony loan						196000
	Hard money down payment					49000
	Interest hard money
	10% 6month term - 4 months			1960		7840
	Closing costs					1500
	Remodel					30000
	Insurance					700
	APS/Water					700
		Total cash invest				89740	89740
		Total Frontside costs					285740
	Backside
	Estimated renovated sales price						329000
	Realestate commission			0.05		16450
	title fees					1500
		total fees				17950	17950
		total frontside costs					285740
	Total Earnings						25310
	ROI						0.282037