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  • Writer's pictureStephen Sinko

Fix and Flip - Duplex

Updated: Dec 23, 2021

Estimated Closing Date: 12/11/2020

Property Address: Exley Ave. Las Vegas, Nevada 89104

Parcel Size: (.16 acres) 6,969 square feet

Residential / Building Area: Single Story 1,786 sq. ft. 5 Bed 2 bath

w/ 414 Carport

Year Built: 1954

Loan Amount: $120,000.00

Approximate Value: Purchase Contract $165,000.00

Loan to Value: 72.7% based on purchase price

Loan Term: 12 Months – 3 Month Prepay

Payments: Interest Only Payments

Property Zoning: Single Family Residential - Duplex

Property needs rehab. Located near downtown area. Rehab Bid of $65,000 attached

Exit Strategy: Sale of Property

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