Loan amount
$124,500
Loan type
Purchase {Fix&Flip}
After Repair Value
$215,000 {PP:$114,998}
ARV
58% {ARV}
Property type
Single Family
Borrower Details
Credit score
640
Deal experience
None
This loan scenario was submitted by a Broker
No
Property Details
City
Haysville
State
Kansas
Loan Details
Purchase price
$114,998
Down payment
$40,000
Cost of improvements
$49,500
Estimated property value after repairs
$215,000
Additional Loan Information
In contract, Rehab bid are 20,000 in materials, 29,500 in labor. Mechanicals of the house are good. No roof leaks, Air blows strong cold and hot, water heater tank works, and located near the local high school and elementary school, Local park and lake.
Status
Created
May 4, 2024 - 10:52am

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