💫🏡new wholesale🏡💫 4131 E. Granada Rd. Phoenix, AZ

New Wholesale

4131 E. Granada Rd. Phoenix, AZ. Ralph Haver house. 1778 sq ft, 3 bedroom, 2 bathroom, block house, diving pool, built in 1957. Lot is 7728 sq feet.  Needs cosmetic updates. Partially demo’ed, all materials/trash has been cleaned out, and pool is drained.  Ready for rehab. 

Wholesale price - $265k

Estimated rehab - $50k

Estimated ARV - $425k

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

See link below for pics, comps, estimated budget and 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

Comps:

4727 E Virginia Ave closed @ $425k • 4208 E Wilshire Dr closed @ $427,500 • 4708 E Cambridge Ave pending @ $425k

Pics:

https://www.dropbox.com/sh/rr6fcfokne1is38/AAB9HOsKosMCEzVGaDzZuzr9a?dl=0

Estimated Budget:

Purchase Price				265000
	Front side
	Hard Mony loan						212000
	Hard money down payment					53000
	Interest hard money
	10% 6month term - 4 months			2120		8480
	Closing costs					1500
	Remodel					50000
	Insurance					700
	APS/Water					700
		Total cash invest				114380	114380
		Total Frontside costs					326380
	Backside
	Estimated renovated sales price						425000
	Realestate commission			0.05		21250
	title fees					1500
		total fees				22750	22750
		total frontside costs					326380
	Total Earnings						75870
	ROI						0.663315