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101 Hillcrest Dr

Sanger, TX 76266, USA

List price

$109,362

Single family house

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Story

Roof: $8,575 est Kitchen Renovation: $27,000 est Vinyl Plank Flooring: $5,000 est Bathroom Renovations: $11,000 est Bedroom Renovations: $42,000 est Fire Damage Repair: $12,900 est 10% contingency to cover miscellaneous expenses: $10,647 Here's the calculation: ARV: $267,045 Renovation cost: $108,547 Desired Profit for the Flipper: $35,000 min Calculate Flipper investment and profit: Total Investment- Purchase price: $105,566 + Renovation cost: $108,547 = $214,113 With an After Repair Value (ARV) of $267,045, the profit for the flipper would be: Profit = ARV - Total Investment = 267,045 - 214,113 = $52,932 So, the flipper would make a profit of $52,932. This exceeds the minimum desired profit of $35,000, making it a potentially attractive deal for the flipper.

Property details

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Property type

Single family house

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Reason for sale

Need cash ASAP

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