Investment Property
Washington Below Appraisal Deal! Priced $84,137 Below Appraisal!
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Priced $84,137 Below Appraisal!


Priced $84,137 Below Appraisal!!
HappyBrain Reccommends Offering $518,577.65!

Washington DC | 2/2 | $619,000 | 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 $703,137 but Asking $619,000.
$144,000 Below p1Appraisal
$24,090 Below realAppraisal


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Potential Property Metrics
Asking Price: $619,000
Reccommended Offer:$518,578
Repair Estimate: $26,280
Total Investment Estimage$544,858
Potential Value After Repairs:$712,461
Potential Profit / Discount $130,177
 

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 $130,177.00 Profit*

Property is Priced Well Below Online Appraisal Values! Make Offer.
Address: Get Free Account To View!
City: Washington
State: DC
Zip: 20008
First Listed: 5/12/2022
Year Built: 1927
Contact: Get Free Account To View!
Phone: Get Free Account To View!
Price: $619,000.00
Online Appraised Value: $703,137.00
Original Price:$619,000.00
3rd Party Appraisal Estimate:  $703,137.00
Beds/Baths/Sq. Feet: 2/2 | 1023





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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

OPEN HOUSE SUNDAY MAY 15 from 1-3PM. Location....location....location! Welc...........
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............ome to Le Bourget, a boutique condominium in the heart of Kalorama loc...........

 

Property Genius Advanced Analytics

PROPERTY ADDRESS: View Here

Profit/Loss Potential Analysis (C)
Current Asking Price$619,000 Original asking price of $619,000. Listed on Market 16 days ago.
Your Reccommended Offer Price! (V) $518,578 Offer Price Based on ** Property being an older home meaning more repairs. Built in 1927.
If more than 1 out of 5 of your offers are being accepted, you are offering too much. Be disiplined! 16 Days on Market. (Make Offer!)
Estimated Repairs based on property age and square footage $26,280 Adjust this number based on images below! Property was built in 1927 and has 1023 Square Feet!
Total Investment$544,858Need Financing to Do This Deal? Contact our Customer-Assistance Office Here
Estimated Selling Price after repairs/updates$712,461!! $712,461 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.
* $738,294 Value Estimate based on property being worth 5% more than 3rd Party Appraised Value of $703,137 after updates and repairs.
* $597,777 Value Estimate based on Home being worth 7% more than Tax Appraisal of: $558,670 Determined by Analyzing Tax Value, Online Appraisals, Value-Added from Repairs & More.
Estimated Net Received on Sale$675,035 (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 *$130,177 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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