Split Level Quick Flip Sold

  • $116,000
  • 3 beds
  • 2 baths
  • 1779 sqft

Looking for a quick flip opportunity to start this year’s real estate season? This split level home is less than 10 years old and only needs basic updates to bring it up to market value for the neighborhood. Carpet, paint and some minor repairs will have this ready to list or sell yourself. Put in a week’s work and cash in on Columbia’s seller’s market this year. Contact Ron today for more details. (573) 397-7655

PRICE: $116,000

Equity: $132,000 current AS-IS value – $116,000 = $16,000

Repairs: Carpet, Paint, Minor repairs in/out = $6,150

After Repair Value: $152,000 

PROFIT: $152,000 – $122,150 – $9,100 (6% closing costs) = $20,750

(NOTE: I Buy Mid-MO Houses is marketing a contract to purchase this property and is not the current owner)

Price:
$116,000
Address:
2803 Parker St
Columbia, MO 65202
Square Feet:
1779
Lot Size:
8640
Bedrooms:
3
Bathrooms:
2
Terms:
For Sale
Property Type:
Home
Year Built:
2006
Basement:
N/A

Additional Features

Deck Patio 2 Car Garage

Call (573) 397-7655 for more details

Property Location