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Fix & FlipSold

Fix & Flip opportunity in Memphis, TN

Memphis, TN · 3 bd · 2 ba · 1,280 sqft · Built 1965

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Fix & Flip property in Memphis, TN — image 1 of 1

Investment summary

Section 8 approved zone, HAP contract available. Consistent voucher demand in this submarket.

Deal breakdown

Level 2 · Expanded numbers by deal type

Purchase price$75,000
Repairs$20,000
Holding costs (4 mo × $725)$2,900
Selling costs (9% of ARV)$13,050
After-repair value (ARV)$145,000
Net profit$34,050

Location

Exact address disclosed to reserved buyers under assignment agreement.

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