This is the type of opportunity that offers investors a straightforward renovation with significant upside supported by strong comparable sales. As a fix-and-flip, local comparable sales support an After Repair Value (ARV) of approximately $130,000. Based on our analysis, the property will require roughly $45,000 in renovations to bring it to market-ready condition. We have outlined the anticipated scope of work in the Repairs section below.
At the current purchase price of $47,500, an investor would have approximately $92,500 invested in the project before financing, holding costs, and selling expenses. That creates a substantial equity spread between the total project cost and the projected $130,000 ARV, providing a healthy margin for investors who execute the renovation efficiently.
Quick Estimated Deal Math:
* Purchase Price: $47,500
* Estimated Rehabs: $45,000
* All-In Price: $92,500
* Market ARV: $130,000
* Projected Gross Profit: $37,500
Whether you're an experienced flipper looking for your next project or an investor seeking a value-add opportunity with a manageable renovation, this property checks the right boxes: a low acquisition cost, a clear renovation plan, renovated comparable sales supporting the projected value, and the opportunity to create meaningful equity through the rehab.
Important to Note: The figures above are based on our analysis of local comparable sales, renovation estimates, and current market conditions. As always, buyers should perform their own due diligence to verify all estimates, projections, and assumptions before purchasing.
