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  • Writer's pictureStephen Sinko

Buyers fell through - Snapped this up

Updated: Dec 23, 2021

Estimated Closing Date: 1/27/2021

Property Address: William Anders Ave Las Vegas, NV 89145

Parcel Size: .30 of an Acre 13,068 sq ft

Residential / Building Area: 1,784 sq ft 4 Bed & 2 Bath w/ Pool

Year Built: 1976

Loan Amount: $160,000.00

Approximate Value: $250,000.00

Loan to Value: 80% based on purchase price

Loan Term: 12 Months – 3 Month Prepay

Payments: Interest Only Payments

Property Zoning: Single Family Home

Other useful information for the Investor: Single family home with a total of 4 bedrooms and 2 bathrooms Pool and Spa. It was built in 1976, is approximately 1,784 square feet.

Fix & Flip This is a complete remodel. Borrowers repair estimate at approximately ($41,000.00) of which $4k is miscellaneous/ cont. Value according to buyers as finished will be listed at $305,000.00

Exit Strategy: Sale or Refinance as Rental Property



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