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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.
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
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
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 |