Cosmetic Fix/Flip in Pueblo, CO. Wholesale Price: $214,000. ARV: $350,000

Regency Blvd, Pueblo, CO 81005

$350,000 After Repair Value -
$214,000 Asking Price -
$45,000 Cost of Repairs =
$91,000 Potential Profit

Property Details

Asking Price $214,000

After Repair Value $350,000

Costs of Repairs $45,000

Potential Profit $91,000

Living Area 1920 ft2

Property Type Single Family House

Bedrooms 3

Bathrooms 2

Half Bathrooms N/A

Parking 2

Listed with Agent 1

EPI (Estimated Potential Income)

Potential Rental Income $0

Yearly Expenses $0

Property Taxes $0

Net Operating Income $0

Cap Rate N/A

Property Description

Home needs moderate updates — mostly clearing it out, paint/carpet, bathroom remodel, and other misc. items. You can buy this SFR for $214,000. Your closing costs, title insurance, holding costs & back-end commissions will cost an approx. $21,000. The renovation is estimated to cost $45,000. With this, your total basis in the deal will be $280, - Asuming the house resells for $350,000, your deal profit would be: $70,000. More photos: https://drive.google.com/drive/folders/1w2HHeb_uWBr3t_wbu3XrsreqGb8UTzWv?usp=sharing

Repairs Needed

mostly clearing it out, paint/carpet, bathroom remodel

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