Investment Property
Washington Below Appraisal Deal! Priced $55,900 Below Appraisal!
To View 10 Times as Much Information! Enjoy!

Priced $55,900 Below Appraisal!


Priced $55,900 Below Appraisal!!
HappyBrain Analyzed over 15 Metrics not Available on Zillow!!

Washington DC | 1/1 | $295,000 | 5.5 Deal-Score Happy-Adanced-Analytics Identified this deal & makes it easy for you to make an offer.

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What Makes this a Potentially Good Deal?
Happy PropertyScan™ Technology analyzed metrics not available on Zillow, Trulia or anywhere else.
   
Appraised at $350,900 but Asking $295,000.
$78,700 Below C-2 Appraisal
$29,000 Below p1Appraisal


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Potential Property Metrics
Asking Price: $295,000
Reccommended Offer:$246,081
Repair Estimate: $14,263
Total Investment Estimage$260,345
Potential Value After Repairs:$342,065
Potential Profit / Discount $63,597
 

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 $63,597.00 Profit*

Property is Priced Well Below Online Appraisal Values! Make Offer.
Address: Get Free Account To View!
City: Washington
State: DC
Zip: 20016
First Listed: 1/8/2022
Year Built: 1960
Contact: Get Free Account To View!
Phone: Get Free Account To View!
Price: $295,000.00
Online Appraised Value: $350,900.00
Original Price:$295,000.00
3rd Party Appraisal Estimate:  $350,900.00
Beds/Baths/Sq. Feet: 1/1 | 888





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    Using advanced metrics, HappyInvestor.com saved you hours of time by "Cherry Picking" this excellent deal for you from the For Sale records!

Property Description

Welcome to this sun filled and spacious 1BR/1BA apartment at the Towers Eas...........
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............t building with beautiful 12th floor views overlooking the swimming po...........

 

Property Genius Advanced Analytics

PROPERTY ADDRESS: View Here

Profit/Loss Potential Analysis (C)
Current Asking Price$295,000 Original asking price of $295,000. Listed on Market 10 days ago.
Your Reccommended Offer Price! (V) $246,081 Offer Price Based on ** Property being an older home meaning more repairs. Built in 1960.
If more than 1 out of 5 of your offers are being accepted, you are offering too much. Be disiplined! 10 Days on Market. (Make Offer!)
Estimated Repairs based on property age and square footage $14,263 Adjust this number based on images below! Property was built in 1960 and has 888 Square Feet!
Total Investment$260,345Need Financing to Do This Deal? Contact our Customer-Assistance Office Here
Estimated Selling Price after repairs/updates$342,065!! $342,065 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.
* $368,445 Value Estimate based on property being worth 5% more than 3rd Party Appraised Value of $350,900 after updates and repairs.
* $299,226 Value Estimate based on Home being worth 7% more than Tax Appraisal of: $279,650 Determined by Analyzing Tax Value, Online Appraisals, Value-Added from Repairs & More.
Estimated Net Received on Sale$323,942 (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 *$63,597 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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