Wednesday, April 16, 2008

FW: Must See Handyman - True WHOLESALE - 55% LTV

11762 SW 92 Terrace
Miami, FL 33186

WHOLESALE PRICE:    $124K
AFTER REPAIRED VALUE (ARV):   $223K


Property Characteristics:

- 2 Bedroom / 2 Bath (shows as a 3 BD / 2BA on Tax Rolls)
- Total Living Area: 1,480 Sq. Ft.
- Lot Area: 2,450
- Zoning: Townhouse
- Year Built: 1986
- Construction: CBS

- NOTE: Gated Community (Shadywood Villas) - Maintenance = $135 / month


COMPARABLES:

ADDRESS                      SALE PRICE   YR                  SOLD             SQ.FT  DISTANCE
- 11525 SW 90TH ST   $227,500         1988   3 2 /    02/04/2008   1,522   0.34
- 9883 SW 118TH PL   $265,000         1989   3 2 /    12/20/2007   1,375   0.42
- 11864 SW 99TH ST   $227,500         1989   3 2 /    12/05/2007   1,375   0.49
- 11806 SW 99TH LN   $220,000         1988   3 2 /    12/31/2007   1,375   0.49


Repairs ~ $25K - $30K:

- Property needs a brand new kitchen and bathrooms, flooring, paint, landscaping, and some mold remediation.


CASH OR HARD MONEY ONLY!!! Must Close on or Before Tuesday, April 29th...


REALTORS / BROKERS / INVESTORS: Please add your commission to the Wholesale Price.


Call Alex Pardo at 305.238.8888 for more information.

Best Regards,

Alex Pardo
HomeSolutions
O: 305.238.8888
F: 305.397.1966

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