Super Easy Flip - Cosmetic Interior Remodel Only - Midland, TX

Midland County, Midland, TX, 79701
Sold
Listed at: October 21st, 2021
Price
$87,500
ARV
$150,000
Gross Margin
$62,500
Sq. Footage
1271
Type
Single-Family
Parking
Off street
Year build
1982
Lot size
4704.00 acres
Bedrooms
2
Bathrooms
2
Half Bathrooms
0
Summary

🏠Off Market Flip Opportunity in Midland, TX🏠

2907 Roosevelt Ave Midland, TX 79701

  • 1,271 SF
  • 4,704 SF Corner Lot 
  • 2 Bedrooms
  • 2 Bathrooms
  • Built 1982
  • Just needs light cosmetic interior remodel

COE: On or Before 11/10

Flip Spread

Price: $99.9k

ARV: $150k+

Buy n Hold Return

Invested after repairs: $120k

Avg Annual Income: $16,200 ($1350/mo)

Avg Annual ROI: 13% 🔥🔥🔥

🔎Recent Comps🔍

Comp #1 - Click for details

2806 Franklin Ave Midland, TX 79701, 2BD/2BA, 1,130 SF, Pending @ $179k

-Updated

-140 SF Smaller

Comp #2 - Click for details

2900 Delano Ave Midland, TX 79701, 3BD/1BA, 1,401 SF, Sold for $170k on 5/12/21

-Some updating

-130 SF Larger

📸 - Click for Dropbox Link

📲- Call or Text Cameron (480) 440-5713 w/ Questions

💰- Click to Submit Offer


Disclaimer: This company makes no warranty or representation about the content of this post. It is your responsibility to independently confirm the accuracy and competencies. Any projections, opinions, or assumptions used are for example only and do not represent the current or future performance of this property.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Tyson Smith

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Disposition manager