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| Repair Amount (Estimated) | $5,000 |
| After Repair Value (Estimated) | $115,000 |
| Gross Profit Estimated | $30,000 |
| Living Area Square Footage | 1,776 |
| Total Land/Lot Square Footage | 7,849 |
| Garage Size | 1 attached - 2 detached |
| Property Listed on MLS? | No |
| Is Seller a Mortgage Agent? | No |
Additional Information
| This is an opportunity to get flip in Greeley.
It is an approval short sale with FDIC/NFD.
Price: $80,000
Rehab estimate: $5000
FDIC Appraisal: $110,000 ( this is the FDIC appraisal without renovation completed)
ARV $ 115,000
Duplex:
2 bedroom 1 bathroom upstairs
The downstairs is 1 bedroom and 1 bath with a kitchen living room
they share a laundry room downstairs
1 car attached garage
2 car detached garage
Needs:
General cleaning.
Update Kitchen
Paint
Carpet
Income:
2 bedroom I bath upstairs and rents for $600/mo.
The downstairs is 1 bedroom and 1 bath with a kitchen living room and rents for $275.00/mo
The 2 car detached garage should rent out for $100/mo
Total income $ 975
ARV is estimated at $115,000.
See link below:
http://www.postlets.com/res/3448992
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