Priced below 70% of ARV, this is an amazing opportunity!
This property only needs Roof Work, Floors, and Paint to be rent ready. To Flip this deal and make it worth the $236-241k Comps, you'll need Central A/C and to update the kitchen and baths.
Breakdown of Comparables:
Closed Sales: -7090 NW 29th Ave: 3 Bed/1 Bath with 140 sq. ft. less living area, and located on a busy street. Just sold 5/7/18 for $236,000. Property was clean but not rehabbed, and had Formica counters. -3010 NW 71 ST: 3 Bed/2 Bath that is about 100 sq. ft. smaller, sold for $239,000 via an off market sale. -6999 NW 30th Ave: 3 Bed/2 Bath rehabbed house only 5 houses away that is only 150 sq. ft. larger, sold for $241,000.
Pending Sales: -3070 NW 63 St: 3 Bed/1 Bath Short Sale with no interior pictures that is about 100 sq. ft. smaller, is pending at $220,000. -6800 NW 28 Ave: 3 Bed/1 Bath that has about the same living area as our deal, is pending at $250,000.