Anderson, IN 46016
Asking Price
$49,900
ARV Estimate
$125,000
Est. Spread
+$75,100
Beds
2
Baths
1
Square Footage
708 sqft
Property Type
Single Family
Year Built
1939
Lot Size
5,750 sq ft
About This Property
2 Bed | 1 Bath | 708 sqft | 1939 built | .132 sqft lot
This great fix & flip or buy and hold opportunity located in Anderson, IN is a promising deal with large profit potential no matter the exit strategy! Fix this up and sell it for a great profit or renovate and hold it to generate solid cash flow.
Property Condition:
HVAC: Needs repair
Roof: leak noted by the seller.
Foundation: No foundation issues reported
Interior: Cosmetic rehab needed
Comps
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Comparable sales provided by our team. Verify values with your own due diligence.
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Estimated Net Profit
$63,708
ROI: 124.0%·Cash-on-Cash: 519.0%
Project Breakdown
- Sale Price (ARV)
- $125,000
- Purchase Price
- $49,900
- Rehab Budget
- $0
- Interest (12%, 4 mo)
- $1,597
- Points (2%)
- $798
- Closing Costs (3%)
- $1,497
- Selling Costs (6%)
- $7,500
- Total Cash Required
- $12,275
- Net Profit
- $63,708
Estimates only. Verify prices, rents, and repair scope with your own due diligence before making an offer.
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