Basic Ranch fix/flip opportunity in Boulder.
Wholesale price: $960,000
Est. ARV: $1,375,000
Property Details:
-5b, 3ba
-2,352sqft
-7,535 sq ft
-Built in 1962
Terms
-Closing: 6/18
-EM: 12k
More photos: https://drive.google.com/drive/u/1/folders/14zPK7JW0Jv9yUY2xb5uaLmMjzM_AtFIQ
Deal Projections:
You can buy this SFR for $960,000. Your closing costs, title insurance, holding costs & back-end commissions will cost an approx. $100,000. The renovation is estimated to cost $160,000. With this, your total basis in the deal will be $1,220,000.
Assuming the house resells for $1,375,000, your deal profit would be: $155,000.
For access or questions and offers, contact Tom at 720-738-4635