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  • Three Wings LLC
    Three Wings LLC Manager at Three Wings, LLC

    4 Plex $110K

    I have the following under contract, and the potential return is outlined as follows.

    Fix & Flip Scenario:

    300 E Broadway price $110K
    Size = 3,564sq.ft.

    ARV = $275,000
    Rehab estimate = $100,000 based on retail prices.
    Assignment fee = $10,000. $10,000 due to the ARV.
    $110K is the best price offer for us (investors).
    Each unit is 2 Bedroom/2 full baths
    * sq ft complex or $30.86/sq ft.

    Comps are $72 to $107/sq ft on 4-plexes in the area. Therefore, the ARV ranges from $256K to $381K.
    Repairs total $75K - $100K. It's a gut job with wiring, plumbing & 4 HVAC systems, kitchen repairs, and construction disposal included.

    Buy & Hold Scenario:

    Average 2bd/2ba rentals in the area are $600 - $700/month.
    Operating Expenses including monthly management fees, landscaping, utilities, insurance, taxes total approximately $7,880
    NOI = $22,120
    Cap Rate = 10%
    ROI annual = 12%
    The discount forms a great opportunity. $2,000 earnest money is due tomorrow, August 24 by 5pm. Two other buyers are waiting if you decide to go another direction. My additional contact information is below

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    • Zach Robertson
      Zach Robertson Founder and CEO at Robertson Investments LLC

      What's up Investors! I just unloaded three properties and have two all cash buyers who are Hungry for a deal, if you would like to work together shoot me a message and will make it happen!

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      • Zach Robertson

        Roger Whisenant

        We are looking for distressed and REO's.

        9 days ago
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      • Zach Robertson

        Three Wings LLC

        I have the following under contract, and the potential return is outlined as follows.

        Fix & Flip Scenario:

        1. E Broadway price is 3,564sq.ft.

        ARV = $275,000
        Rehab estimate = $100,000 based on retail prices.
        Assignment fee = $10,000. $10,000 due to the ARV.
        $110K is the best price offer for us (investors).
        Each unit is 2 Bedroom/2 full baths
        * sq ft complex or $30.86/sq ft.

        Comps are $72 to $107/sq ft on 4-plexes in the area. Therefore, the ARV ranges from $256K to $381K.
        Repairs total $75K - $100K. It's a gut job with wiring, plumbing & 4 HVAC systems, kitchen repairs, and construction disposal included.

        Buy & Hold Scenario:

        Average 2bd/2ba rentals in the area are $600 - $700/month.
        Operating Expenses including monthly management fees, landscaping, utilities, insurance, taxes total approximately $7,880
        NOI = $22,120
        Cap Rate = 10%
        ROI annual = 12%
        The discount forms a great opportunity. $2,000 earnest money is due tomorrow, August 24 by 5pm. Two other buyers are waiting if you decide to go another direction. My additional contact information is below.

        8 days ago
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    • Mike Lima
      Mike Lima Owner, True Freedom Achievers, LLC

      Flipping Houses-The Ultimate Step By Step Guide

      Flipping Houses-The Ultimate Step By Step Guide - True Freedom Achievers' Weekly Newsletter

      To view our inventory and to be added to our email list to recieve up to the minute deals, email me at Mike@MikeLima.com with your contact info and I will send you our latest list.

      - http://eepurl.com/btUoyP

      True Freedom Achievers' Weekly Newsletter

      linkedin.comFlipping Houses-The Ultimate Step By Step Guide - True Freedom Achievers' Weekly NewsletterTo view our inventory and to be added to our email list to recieve up to the minute deals, email me at Mike@MikeLima.com with your contact info and I will...

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      • Mike Lima
        Mike Lima Owner, True Freedom Achievers, LLC

        Modernizing a Historic Home, Part 7 – Redesigning a Front Walkway

        Modernizing a Historic Home, Part 7 – Redesigning a Front Walkway - True Freedom Achievers' Weekly Newsletter - http://eepurl.com/bsAO2X

        Modernizing a Historic Home, Part 7 – Redesigning a Front Walkway - Tr

        eepurl.com-Mike Lima Freedom Achievers, LLC True Freedom Achievers, LLC cell 602.538.7331 fax 602.801.2694 Mike@MikeLima.com www.TrueFreedomAchievers.com -- Freedom Achievers & True Freedom Achievers are in the business of acquiring properties and...

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        • Mike Lima
          Mike Lima Owner, True Freedom Achievers, LLC

          Types of Home Renovations

          Types of Home Renovations - True Freedom Achievers' Weekly Newsletter

          To view our inventory and to be added to our email list to recieve up to the minute deals, email me at Mike@MikeLima.com with your contact info and I will send you our latest list.

          http://eepurl.com/bpOnD5

          Types of Home Renovations - True Freedom Achievers' Weekly Newsletter

          eepurl.com-Mike Lima Freedom Achievers, LLC True Freedom Achievers, LLC cell 602.538.7331 fax 602.801.2694 Mike@MikeLima.com www.TrueFreedomAchievers.com -- Freedom Achievers & True Freedom Achievers are in the business of acquiring properties and...

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