Modesto condo available for assignment. Potential fix-and-flip opportunity for a cash buyer or real estate investor.
PROPERTY NUMBERS:
• Purchase price: $185,000
• Estimated repairs: $35,000
• Estimated after-repair value (ARV): $280,000
• HOA dues: $495/month
Estimated spread of $60,000 before assignment fees, HOA dues, closing costs, holding costs, and selling expenses.
This is an assignment of contract. Repair costs and ARV are estimates. Buyer to verify property condition, comparable sales, HOA requirements, and all costs through their own due diligence.
Reply to this ad for property details and to arrange a walkthrough.