Wholesale

Nice 70% ARV property!!! Close October 9th

5066 Adkins St, Columbus, IN 47201

$200,000 After Repair Value -
$110,000 Asking Price -
$30,000 Cost of Repairs =
$60,000 Potential Profit

Property Details

Asking Price $110,000

After Repair Value $200,000

Costs of Repairs $30,000

Potential Profit $60,000

Living Area 912 ft2

Property Type Single Family House

Bedrooms 2

Bathrooms 1

Half Bathrooms 0

Parking 1

Listed with Agent No

Property Description

ATTENTION CASH BUYERS!
5066 Adkins St, Columbus, IN (40 mins to Indy)
2 BD 1 BA
912 sqft
Brand new AC. Brand new roof. Good electric. Good plumbing.
Needs: water heater, general cosmetic updates (flooring, paint), rehab kitchen, rehab bathroom (tub new as of last year…needs vanity, flooring, etc), and garage needs new electrical box, garage door openers, and roof.
Wholesale price: $110,000 (70% ARV - repairs)
Repair estimate: $30,000
ARV: $200,000 (realtor opinions and comp support)
Closing: October 6th

Like I’ve said here, it’s mostly just a cosmetic flip and even cash flows after it’s been rehabbed. Very healthy returns on this one. If no one takes it I’m gonna flip it so give me an offer!

Repairs Needed

water heater, general cosmetic updates (flooring, paint), rehab kitchen, rehab bathroom (tub new as of last year…needs vanity, flooring, etc), and garage needs new electrical box, garage door openers, and roof.

CONTACT LISTING OWNER

Samuel Goins

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