How much: The current asking price is $515,000, the original price was $575,000. The seller has reduced the price $60,000.
Detail: 3 Bedrooms, 2 Bathrooms, 1201 Square Feet, Built in 1914.
About The Home:
Great opportunity for an Orange County investor to make at least $60,000 based on our estimated analysis of this home. Just steps away from the cultural downtown Santa Ana, this home features 2 bed and 1 bath with a very spacious backyard. Another added bonus is a large basement with washer/dryer hook ups and space for additional storage, along with a shed and garage in the back. You will also find a living room with a cozy chimney for those chilly nights and a good size kitchen and dinning room area. There is also an additional room used as a bedroom currently, long driveway leads to garage and back yard for additional parking as an option. We can show this home to qualified buyers at your convenience. Contact Us to set up a showing.
Investment Analysis
Original Asking Price
$575,000
Current Asking Price
$515,000
Projected Offer Price
$453,200
It is best to submit offers on several properties to determine who the negotiable seller are. Don’t become attached to any property.
Estimated Repairs & Upgrades
$11,000
Total Investment
$464,200
Estimated Selling Price
$565,000
Our analysis suggests the home will sell for $10,000 less than original asking price after $11,000 of estimated repairs.
Estimated Net After Closing Costs.
$531,256
We use our preferred affiliated services and request our volume discount to reduce the closing costs to maximize your net profit.
Estimated Profit
$67,056
All dollar amounts are estimates and should be independently verified by your preferred third party.