After Repair Value: $230,000
Esimated Repairs: $55,000
Asking Price: $85,000
*** Please DO NOT knock on the door, peek in the windows, walk around the house, etc. If you have an interest in the property, contact me to set up an inspection. I'm sorry that had to be said. Thank you for respecting people's privacy.
I have a great deal for an investor interested in a full rehab in the very desireable W Conshohocken. It needs $55K in rehab, but the resale potential is unbelievable @ $230,000. The average marketing period for properties in this area is much lower than most because of it's desireability. Here is how I have broken down the deal:
| ARV |
$230,000 |
| Purchase Price |
$ 85,000 |
| Closing |
$ 2,000 |
| Rehab Costs |
$ 55,000 |
| Realtor Fees |
$ 14,000 |
| Carrying Costs |
$ 3,000 |
| Taxes |
$ 1,700 |
| Total Profit After Costs |
$ 69,300 |
*** These are the figures I have come up with to do the deal myself. I figure my numbers with the worst case scenario in mind, so I feel you can actually do much better than this. I do not guarantee that these facts and figures are accurate. You should do your own due diligence before deciding if this deal is right for you.
If you have an interest in this deal please email me for more details or to set up a time to inspect this property. Thanks so much for your interest.
wfourthstreet@yahoo.com
435 Ford Street, Conshohocken, PA
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