PRICE REDUCED FOR YOU – $2K!!
A bit of a Country Setting for this fabulous 4 BR – 2.5 BA rehab / fix n flip opportunity located in the Cedar Creek location of Fayetteville, NC, on almost a full acre lot. This awesome money maker is at 7808 Johnson Rd in SE Fayetteville, 28312. This is a quiet, beautiful and private area…that would re-sell for you EXTREMELY quickly when completed!
This house has been neglected, foreclosed, battered and vacant for a while and needs to be brought back to it’s original beauty by you. But what a tremendous PAYDAY!!!
Here’s the numbers for you smart rehabbers:
ARV (After Repaired Value) = $189,875.00 (CMA comps F/S and Sold) = $115 to $130 per FSF. We comped it right in the middle @ $121.00 finished sq ft = $189, 875.00
Approx Rehab Needed: = $55K to $60K (May be less, depending on quality finish and materials purchased.) This includes a FULL REHAB…in and out, new roof, AC unit if needed, brand new landscaping, sod/new grass, foliage and crushed stone driveway along with brand new/rebuilt carport was calculated in our rehab analysis.
Approx Profits: (Gross) = $78,000 to $83,000 (ARV – purchase – full rehab costs.) Approx Profits: (Net) = $63,000 to $68,000 (After commissions / closing / holding costs.)
This is the one you’ve been waiting for!! 🙂 A years pay….in….one deal!!! (Can close with us 6/18/20.)
For our Serious rehabbers only, contact us asap! This one’s gonna fly out of our store!!