8801 NW 111TH TER HIALEAH GARDENS, FL 33018
Miami-Dade
Bed
3
Bath
2
2,656 SqFt
Off Market Price
$475,000
Submit Offer
ARV
$550,000
Entry Fee
$100,000
Interest Rate
Not Available
Payment
Not Available
Term
Not Available
Description
Property
House
Beds
3
Baths
2
Lot Size
3,400 SqFt
Square Footage
2,656 SqFt
Square Footage
1993
Conventional VS Subject2 Analysis
| Conventional |
|
|
|---|---|---|
| After Repair Value | $550,000 | $550,000 |
| Purchase Price | $475,000 | $475,000 |
| Subject 2 Debt | $375,000 | $375,000 |
| Renovation | $25,000 | $25,000 |
| Cash Needed | $500,000 | $125,000 |
| Sale Proceeds | $522,500 | $522,500 |
NOTE: Values are approximations based on the current market conditions
Valuation
After Repair Value
$550,000
Rehab
$25,000
Total Cost
Not Available
Sale and Profit
After Repair Value
$550,000
Selling Costs
$27,500
Sale Proceeds
$522,500
Projected Total Profit
Not Available
Summary
reverse mortgage not in foreclosure so have time to rehab and sell - cant be reinstated