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Potomac Motivated Seller Deal! High Profit Potential Deal - $497,570!
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High Profit Potential Deal - $497,570!!
DealScan Analyzed over 25 Metrics to Select this Property!!

Potomac MD | 8/12 | $2,495,000 | 7.7 Deal-Score Happy-Adanced-Analytics Identified this deal & makes it easy for you to make an offer.

Happy Smart-Tech™ Deal Attributes!


What Makes this a Good Deal?
Happy PropertyScan™ Technology analyzed metrics not available on Zillow, Trulia or anywhere else.
   
Price Reduced to $2,495,000 (Originally $2,695,000)
$82,900 Below C-2 Appraisal
$65,000 Below p1Appraisal
$147,880 Below realAppraisal
 Notes: 'Motivated Seller.'
Listed 76 Days Ago! Seller may now be motivated.


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Profit / Loss Estimate
Asking Price: $2,495,000
Recc. Offer Price:$2,003,632
Repair Estimate: $111,349
Total Investment$2,114,981
Value After Repairs:$2,762,024
Total Net Discount Estimate: $497,570


* This is an estimate based on Happy Investor advanced analytics. We strive to give the best data possible, but do your own research as well.

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Potential Profit Of $497,569.54

Desperate Seller Property!
Seller has reduced price by $200,000.00
Address:
City: Potomac
State: MD
Zip: 20854
First Listed: 9/17/2020
Agent:
Agent Phone:
Price: $2,495,000.00
Original Price: $2,695,000.00
Bedrooms: 8
Bathrooms: 12
Square Feet: 13696
Days On Market: 76
Year Built: 1992





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Property Description

MOTIVATED SELLER for this Home for All Seasons ! Located in the heart of Po...........
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............tomac at the end of a quiet cul-de-sac on 2.41 acres, there is nearly ...........

 

[ Property Profit Report! ]

PROPERTY ADDRESS: View Here

Profit/Loss Potential Analysis (A)
Original Asking Price$2,695,000Originally Listed 76 Days Ago! (9/17/2020)
Current Asking Price$2,495,000Price Reduced by $200,000 on 11/16/2020!
Your Reccommended Offer Price! (M)$2,003,632Remember, if more than 1 out of 10 of your offers are being accepted, you are probablly offering too much.
Seller should be motivated to accept lower offer because they are reducing price in an effort to sell.
Estimated Repairs$111,349.04Based on property age (built in 1992) and square footage of 13696 Feet. View Photos as well to Help Estimate.
Total Property Cost
(Purchase Price + Repairs + Other Fees)
$2,114,981How do I get Funds to Buy? Purchase Options.
Estimated Selling Price of Property after repairs/updates.$2,762,024 Analytics suggest the home will sell for more than the original asking price of $2,695,000 after you do $111,349 in updates/repairs to the property. '
Estimated Net Received after selling fees/closing costs.$2,612,550 (Hire a 1% Listing Realtor to sell home. Buyer's agent will collect 3% of sales price at closing. $500 title Policy. 1% of sales price title insurance expense. Wise to do $0 seller concessions. Pay pro-rated property taxes.
Estimated Potential Profit:
$497,570 How do I get Cash to Buy This Property?

Numbers Based on Happy Advanced Analytics. Do your own research as well.




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Austin, TX 78746

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