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Wholesale Investment Property
All Properties are normally sold within 14 days from the date listed. Please check the status of the unit with us before beginning research on properties older than 14 days.
This property information is Strictly for Real Estate Acquisitions Co. Investors and associates only.
This property is available for purchase only with Cash, Hard Money, or Private Money.
127 Bergen St Hackettstown, NJ 07840
Fix and Flip
Wholesale Price: $211,000
Rehab Cost: $80,000
After Repair Value: $425,000
Projected Net Profit: $67,485
Property Information
Building Type: Single Family Home
Beds: 3
Baths: 1.5
Property SF: 1,289
Real Estate Tax: $7,016
Vacant: Yes
Owner Occupied: No
Parking: Yes
Construction Details:
Facade and Exterior: Bricks
Roof: Shingle
Electric: Circuit Breakers
Heating: Forced Air – oil
Plumbing: PVC
Laundry: No
Sewer: Septic
Water: Public Water
Zoning: Residential
Fix and Flip
Investment Type Cost
Wholesale Price $211,000
Rehab Cost $80,000
Estimated closing costs $7,939
Estimated holding costs $11,909
Estimated selling costs (5% of ARV) $21,250
Total Initial Investment: $332,098
Net Profit Calculation
Estimated After Repair Value $425,000
Total Estimated Investment $332,098
Projected Net Profit: $92,902
Comparables from the MLS used to determine ARV
Address | Price Sold | Sold Date | Size (sf) | Year Built | Price per sf | Distance from subject property (mi) |
203 E BALDWIN ST HACKETTSTOWN, NJ |
425,000.00 | 7/13/2022 | 1380 | 1953 | 307.97 | 0.27 |