Cleveland, OH 44111
Asking Price
$62,500
ARV Estimate
$165,000
Est. Spread
+$102,500
Beds
2
Baths
1
Square Footage
1,012 sqft
Property Type
Single Family
Year Built
1927
Lot Size
3,500 sq ft
About This Property
Fix & Flip or BRRRR Opportunity with large ROI potential in Cleveland, OH 44111
2 Bed | 1 Bath | 1,016 sqft | 1925 built
This fix & flip or BRRRR opportunity located in the 44111 of Cleveland, OH! is a promising deal with large profit potential.
Asking Price: Starting $62,500
ARV: $165K
Property Condition:
Roof: Replaced in the last 10 years
Hot water line broke under concrete
Exterior pipe broke outside due to tree root
Basement has water intrusion/flooding; cause unknown
Sump pump present in basement
Electric heat only
Cabinets in fair shape; floors may need work
Siding partially done, unfinished
One kitchen removed; there is a lower kitchen
Call/Text Laith (856) 804-1576 to lock it in
Deal Calculator
Estimated Net Profit
$87,725
ROI: 136.3%·Cash-on-Cash: 570.6%
Project Breakdown
- Sale Price (ARV)
- $165,000
- Purchase Price
- $62,500
- Rehab Budget
- $0
- Interest (12%, 4 mo)
- $2,000
- Points (2%)
- $1,000
- Closing Costs (3%)
- $1,875
- Selling Costs (6%)
- $9,900
- Total Cash Required
- $15,375
- Net Profit
- $87,725
Estimates only. Verify prices, rents, and repair scope with your own due diligence before making an offer.
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