Wholesale Deal - 1312 E Chambers St, Phoenix, AZ 85040 with estimated 42% ROI

Wholesale Deal - 1312 E Chambers St, Phoenix, AZ 85040 with estimated 42% ROI

Great fix-n-flip opportunity or buy and hold.  3 bedrooms, 2 bathrooms, 1250 sq feet (per owner), with a car port, 5998 sq foot lot build in 1959.  Market is moving quickly in this area - under 30 days on average.

Need set:  Cosmetic updates

Whole Sale Price:  $95,695
Estimated Rehab:  $25k
Estimated ARV:    $155k

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

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.

For more Pics see this link:  http://bit.ly/2vMLvrS

COMPS:

Estimated budget:

	Purchase Price				95695
		Front side
		Hard Mony loan						76556
		Hard money down payment					19139
		Interest hard money
		10% 6month term - 4 months			765.56		1531.12
		Closing costs					1500
		Remodel					25000
		Insurance					700
		APS/Water					700
			Total cash invest				48570.12	48570.12
			Total Frontside costs					125126.12
		Backside
		Estimated renovated sales price						155000
		Realestate commission			0.05		7750
		title fees					1500
			total fees				9250	9250
			total frontside costs					125126.12
		Total Earnings						20623.88
		ROI						0.424620734