1327 Rams Horn Rd – Greenville Available

  • $194,800
  • 4 beds
  • 2 baths
  • 2,310 sqft

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Wholesale Investment Property 

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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.

1327 Rams Horn Rd Greenville, NC 27834 

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Fix and Flip

Wholesale Price: $194,800
Rehab Cost:   $18,000
After Repair Value: $280,000 
Projected Net Profit: $42,000 

Property Information

Building Type: Single Family Home 
Beds: 4
Baths: 2
Real Estate Tax: $1,680.00  
Vacant: No
Owner Occupied: Yes
Parking: Driveway

Construction Details:

Facade and Exterior: Aluminum siding
Roof: Shingles
Electric: Breakers
Heating: Forced Air
Plumbing: Copper
Laundry: Yes
Sewer: Public Sewer
Water: Public Water
Zoning: Residential

Projected Financials:  The following breakdown is based on stabilized property occupancy expenses and profits were derived from market research.

Fix and Flip

Investment Type                                                             Cost                                 

Wholesale Price                                                             $194,800
Rehab Cost                                                                      $18,000
Estimated closing costs                                                $5,600
Estimated holding costs                                               $5,600
Estimated selling costs (5% of ARV)                         $14,000
Total Initial Investment:                                        $238,000

Net Profit Calculation                                                                                    

Estimated After Repair Value                                     $280,000
Total Estimated Investment                                       $238,000
Projected Net Profit:                                                      $42,000

Comparables from the MLS used to determine ARV

Average Cost/SQFT: $120.03
Average Sold Price: $119,914.00
After Repair Value: $280,000.00
Address Price Sold Sold Date Size (sf) Year Built Price per sf Distance from
subject
property (mi)
1322 RAMS HORN RD
GREENVILLE, NC
119,914.00 5/18/2022 999 1973 120.03 0.06

 

Price:
$194,800
Address:
1327 Rams Horn Rd
Greenville, NC 27834
Square Feet:
2,310
Lot Size:
56,192
Bedrooms:
4
Bathrooms:
2
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
1936
Const. Type:
Single Family Residence

Call (704) 644-8777 | (609) 807-1497 for more details

Property Location