Wholesale Fix And Flip FSBO

Rehab Project in Little Rock, AR for Sale!! (ARV: $180k)

1609 W Charles Bussey Ave, Little Rock, AR 72202

$180,000 After Repair Value -
$44,900 Asking Price -
$45,000 Cost of Repairs =
$90,100 Potential Profit

Property Details

Asking Price $44,900

After Repair Value $180,000

Costs of Repairs $45,000

Potential Profit $90,100

Living Area 1562 ft2

Property Type Single Family House

Bedrooms 3

Bathrooms 2

Half Bathrooms 0

Parking 0

Listed with Agent Yes

EPI (Estimated Potential Income)

Potential Rental Income $1,300

Yearly Expenses N/A

Property Taxes N/A

Net Operating Income N/A

Cap Rate N/A

Property Description

• ???? Property Overview: **1609 W Charles Bussey Ave, Little Rock, AR 72202**, Single Family, 1,562 sqft, 3 bed, 2 bath, Data on year built not available, Needs significant rehab (fix-and-flip investment).

• ???? ARV Range: $180K - $230K.

• ???? Area Market Rent: Estimated $1,200 - $1,500 per month. DSCR loan mortgage payment and rate based on ARV range: \"Low rate, high DSCR.\"

• ???? Rehab Estimate: $30K - $50K.

• ???? Suggested Purchase Price: Using the 75% Rule with an ARV of $180K to $230K, and rehab costs of $30K to $50K, the suggested purchase price would be $90K to $142.5K (ARV * 0.75 – rehab).

• ???? Estimated Profit Range: $30K to $70K.

• ???? Flip Recommendation: Yes. The property offers a promising opportunity for a fix-and-flip project, given its location and potential for substantial renovation returns.

Now the property is listed with a realtor, I am direct to the seller of the property, because he is my BROTHER, and we need to get this property sold ASAP!!! IF REALLY INTERESTED(Must be able to CLOSE in 14 DAYS) If anyone would like to discuss the details of the property, please give me, Ms. Bynum a call at - . Thank you

Repairs Needed

Bathrooms, Kitchen, Flooring, Painting, some foundation issues, outside painting, window replacments.

CONTACT LISTING OWNER

Ms. Bynum

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