Looking for a San Francisco Rehab Flippers Special

By
Real Estate Agent with Sellstate Next Gen Realty BRE #01469185
https://activerain.com/droplet/PH5

 

Looking for a San Francisco Rehab Flippers Special

This is a great project for flippers and rehabbers; single family home in the Mission District that needs the right investor to bring it back to its former glory. The quick and dirty: Purchase = $530,000 Rehab = $185,000 ARV = $1,085,000

Property Type: Single Family Home

Style: Victorian

Community: Inner Mission

Bedrooms: 3

Bathrooms: 3

Finished Space: 1,485 square feet

Lot Size: 2,374 square feet

Year Built: 1900

Last Sold: September 1990 for $170,000

Flip Analysis

After Repair Value $1,085,510

Proposed Purchase $530,000

Tenant Moving Fee $25,000

Closing Fees (est 2.5%) $13,750

Rehab Cost $184,590

Selling Fees (est 6.5%) $70,558

Estimated Profit $261,612

Rehab Estimate

Framing $2,708

Electrical $4,171

Plumbing $4,437

HVAC $4,070

Insulation $666

Drywall $2,385

Paint $1,896

Windows $3,542

Trim & Doors $1,100

Hardware $413

Cabinets $3,727

Counters $1,421

Flooring & Walls $4,631

Appliances $1,430

Exterior Walls $7,978

Landscaping $1,533

Labor $58,300

Waste Management $3,850

Design $3,300

Permits $3,300

Contractor Cost $33,000

Remodel Total $147,859

Sewer Replacement $19,950

Rehab Subtotal $167,809

Contingency $16,781

Rehab Total $184,590

If you are Looking for a San Francisco Rehab Flippers Special, this is the one.

Call me if you are interested in a San Francisco Rehab Flippers Special.

 my website

my note website


picture does not represent property as example only

all information is proposed, buyer to perfrom own investigations

 

 

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Topic:
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California San Francisco County San Francisco
Tags:
san francisco flippers
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san francisco rehabber deal
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Rainmaker
810,405
Pete Xavier
Investments to Luxury - Pacific Palisades, CA
Outstanding Agent Referrals-Nationwide
Nicole, This is a deal, good job finding this and putting the numbers together. All the best.
Jan 22, 2013 07:08 AM #1
Ambassador
1,156,918
Bryan Robertson
Los Altos, CA

This looks like a really good deal with excellent margins, typical for what's going on in the area.  I've got investors, including my own, that make this look like a good opportunity.  I'll give you a call.

Jan 22, 2013 07:12 AM #2
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Rainer
177,269

Nicole Monary

Nicole Knows San Diego Neighborhoods
Let's Make an Impact in Our San Diego
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