Selling Wholesale at 63% of ARV
2069 Newark Street, Aurora, CO

After Repaired Value (ARV)
$125,000
Estimated Repairs (Depends on Flip or Buy & Hold Exit Strategy)
$20,000
Your Purchase Price (61% of ARV or $5,000 below the buying formula)
$79,900
Rents
$1,100 - $1,200 / month
Exit
Fix & Hold with a cash-out refinance and cash flow in an area anchored by economic growth.
Details
Ranch
1,618 sf
4 bed
2 bath
1 car garage
Full finished basement
Check out the comps. Investor's are buying aggresively in the mid $80,000. There is limited resale activity with very good rents. REO pressure is keeping distressed prices low, but the area is anchored by surround economic job centers.

Serious Inquiries Only. Must have cash, line of credit, hard money or bridge financing like Merchants Mortgage available.
Quick close needed. Drive by and take a look.
Reply by email if interested and for access to rswanson@signil.com.

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