Property Description:
Property is currently under contract (Assignment Ready), Subject -To Loan Assumption
Initial Investment
$14,000 Cash to Seller
$10,000 Loan Reinstatement
$7,000 Assignment Fee
$10,000 Rehab (roof bid $6000)
$41,000 Total Equity Investment
Equity Reversion (Resale Profit)
$165,000 ARV Estimate Conservative
$41,000 Equity Investment
$24,000 Profit
ROI 58.5%
Non-Refundable Earnest Money of $2,000 due upon assignment. These are estimates please due your due diligence when considering an investment.