$90,000 After Repair Value -
$50,000 Asking Price -
$0 Cost of Repairs =
$40,000 Potential Profit

Property Details

Asking Price $50,000

After Repair Value $90,000

Costs of Repairs $0

Potential Profit $40,000

Living Area 1,067 ft2

Property Type Single Family House

Bedrooms 3

Bathrooms 1

Half Bathrooms 0

Parking 1

Listed with Agent No

Property Description

Tons of options for an investor on this 3 bedroom brick home in Detroit. With a good value-add opportunity and steady rents in the area, this could be a great BRRRR for either a seasoned investor or a first-timer looking for a secondary exit strategy of a possible quick flip. Comps in the area should support a 20%+ equity position when rehab is completed. Pre-listing interest already, so reach out quickly to be included in our one-time walk-through next week.

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