Wholesale Retail Fix And Flip

Fix/Flip opportunity in Aurora Hills. 2,562sqft for 379k!

E Dakota Ave, Denver, CO 80012

$585,000 After Repair Value -
$379,000 Asking Price -
$90,000 Cost of Repairs =
$116,000 Potential Profit

Property Details

Asking Price $379,000

After Repair Value $585,000

Costs of Repairs $90,000

Potential Profit $116,000

Living Area 2562 ft2

Property Type Single Family House

Bedrooms 4

Bathrooms 2

Half Bathrooms N/A

Parking 2

Listed with Agent 1

Property Description

Property Details:-0.31 Acres lot-Built in 1964-Includes paid off solar panelsTerms:-Closing: 5/27-EM: 7kMore photos: -

Repairs Needed

You can buy this SFR for $379,000. Your closing costs, title insurance, holding costs & back-end commissions will cost an approx. $40,000. The renovation is estimated to cost $90,000. With this, your total basis in the deal will be $509,000. Assuming the house resells for $585,000, your deal profit would be: $76,000

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Tom LVN

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