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  • Writer's pictureStephen Sinko

Fix and Flipped This

Updated: Dec 23, 2021

Estimated Closing Date: 2/05/2021

Property Address: Del Amo Dr Las Vegas, NV 89110

Parcel Size: 6,534 sq feet sq ft

Residential / Building Area: 1,272 sq ft 4 Bed & 2 Bath w/ Pool and Spa

Year Built: 1970

Loan Amount: $120,000.00

Approximate Value: $160,000.00

Loan to Value: 82% based on purchase price

Loan Term: 6 Months

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 1970, is approximately 1,272 square feet.

Fix & Flip This is a complete remodel. Borrowers repair estimate at approximately ($45,000.00) of which $4k is miscellaneous/ cont. Value according to buyers as finished will be listed at $260,000.00

Exit Strategy: Sale or Refinance as Rental Property

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