Investment Property
Reston Below Appraisal Deal! Priced $28,000 Below Appraisal!
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Priced $28,000 Below Appraisal!


Priced $28,000 Below Appraisal!!
HappyBrain Reccommends Offering $225,792.00!

Reston VA | 0/0 | $280,000 | 8.3 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 Potentially Good Deal?
Happy PropertyScan™ Technology analyzed metrics not available on Zillow, Trulia or anywhere else.
   
Appraised at $308,000 but Asking $280,000.
$35,400 Below C2* Appraisal
$29,000 Below p1Appraisal
$12,582 Below realAppraisal
High 8.3 Deal Rating
Listed 104 Days Ago! Seller may now be motivated.


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Potential Property Metrics
Asking Price: $280,000
Reccommended Offer:$225,792
Repair Estimate: $4,330
Total Investment Estimage$230,122
Potential Value After Repairs:$295,833
Potential Profit / Discount $49,782
 

Values are estimates generated by Happy Investor advanced analytics and are not a guarantee of profits. Use these numbers as guidance while also doing your own research, research with a Realtor or other experts.

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Potential $49,782.00 Profit*

Property is Priced Well Below Online Appraisal Values! Make Offer.
Address: Get Free Account To View!
City: Reston
State: VA
Zip: 20190
First Listed: 8/24/2022
Year Built: 2004
Contact: Get Free Account To View!
Phone: Get Free Account To View!
Price: $280,000.00
Online Appraised Value: $308,000.00
Original Price:$280,000.00
Beds/Baths/Sq. Feet: 0/0 | 691





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Property Description

Why rent, when you can buy this condo instead? Move-in ready, fresh paint, ...........
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............brand new full-sized washer and dryer, this unit is one of the most af...........

 

Property Genius Advanced Analytics

PROPERTY ADDRESS: View Here

Profit/Loss Potential Analysis (C)
Current Asking Price$280,000 Original asking price of $280,000. Listed on Market 104 days ago.
Your Reccommended Offer Price! (V) $225,792 Offer Price Based on ** Already being on market for 104 days.
If more than 1 out of 5 of your offers are being accepted, you are offering too much. Be disiplined! 104 Days on Market. (Property has been listed for 104 Days. Seller should be MOTIVATED to consider a low offer.) | Original List Date: 8/24/2022
Estimated Repairs based on property age and square footage $4,330 Adjust this number based on images below! Property was built in 2004 and has 691 Square Feet!
Total Investment$230,122Need Financing to Do This Deal? Contact our Customer-Assistance Office Here
Estimated Selling Price after repairs/updates$295,833!! $295,833 ARV Estimate was determined using a combination of the following:
* $60.00 Value Estimate based on property being worth the original listing price of current seller after repairs are made, PLUS double the dollar armount of repairs you make to the property.
* $323,400 Value Estimate based on property being worth 5% more than 3rd Party Appraised Value of $308,000 after updates and repairs. Determined by Analyzing Tax Value, Online Appraisals, Value-Added from Repairs & More.
Estimated Net Received on Sale$279,904 (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.
Potential Net Discount *$49,782 These numbers were generated by our Property Genius algorithms. Do additional due diligence by looking at comparable sales, having a real estate expert review the deal, and getting an inspection.





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