Seattle Investors Club Investment Deal brought to you by Gena Horiatis of Victory Ventures, Inc.
Contact Gena Horiatis for showings – 425-985-5339 – ghoriatis@live.com
Real Estate Details:
Address:
3119 N Huson St
Tacoma, WA 98407
Beds: 5
Baths: 2
Sq/Ft: 2,280
Price: $244,000
Estimated Rehab Cost: $35,000
Estimated After Rehab Value: $355,000
COMPS: Comp 1 – Comp 2 – Comp 3
PHOTOS: Click here
Video Walkthrough: Click here
North Tacoma Rehab Summary:
Rehab Estimate $33,000 – $39,000
Rehab Estimate includes: refinishing hardwood floors upstairs ($3000), new kitchen flooring and new carpet downstairs ($3800), interior paint ($4000), update kitchen ($7500), cleanup bathrooms ($1500), furnace ($4000), exterior paint ($6000), roof (if needed, $6000)
North Tacoma Wholesale Summary:
This quality North Tacoma family home is waiting for some TLC! Close to good schools! (Downing Elementary School and Mason Middle School) This great opportunity is under contract for what is owed on the mortgage!
$355,000 – $48,000 closing & holding costs – $35,000 rehab = 272,000 – $246,000 = $26,000 profit
Rent Zestimate – $1,600
Median Rent – $1,700
Average Rent – $1,808
Additional info:
– Earnest money: $1000
– Closing: 10/20/15
For Showings Contact:
Gena Horiatis
425-985-5339
ghoriatis@live.com
DISCLAIMER: Buyers may not rely on this information and must do their own review of all the numbers and information in regards to this property.
Lynne Helm says
We plan on driving the area tomorrow evening and checking the comps.
Looks interesting.