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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.
332 Beaver Dr Millville, NJ 08332
Fix and Flip
Wholesale Price: $20,500
Rehab Cost: $75,000
After Repair Value: $152,911
Projected Net Profit: $35,000 – $42,000
Property Information
Building Type: Mobile Home
Beds: 2
Baths: 1
Real Estate Tax: $3,022
Vacant: yes
Owner Occupied: No
Parking: yes
Construction Details: this property needs everything done or tear down
Roof: damages
Sewer: septic
Zoning: r-10
Fix and Flip
Investment Type Cost
Wholesale Price $20,500
Rehab Cost $75,000
Estimated closing costs $4,587
Estimated holding costs $3,058
Estimated selling costs (5% of ARV) $7,645
Total Initial Investment: $110,790
Net Profit Calculation
Estimated After Repair Value $152,911
Total Estimated Investment $110,790
Projected Net Profit: $42,121
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) |
| 6314 WHITTIER DR MILLVILLE, NJ |
135,000.00 | 12/14/2021 | 876 | 1960 | 154.11 | 0.63 |
| 26 LAUREL DR MILLVILLE, NJ |
160,000.00 | 2/4/2022 | 984 | 1991 | 162.6 | 1 |
| 533 DANDELION RD MILLVILLE, NJ |
99,500.00 | 3/21/2019 | 800 | 1968 | 124.38 | 1.34 |