Investment Property
Birmingham Below Appraisal Deal! Priced $10,700 Below Appraisal!
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Priced $10,700 Below Appraisal!


Priced $10,700 Below Appraisal!!
Suggested QuickOffer of $39,479.08!
(Feature not available on Trulia or any other Site!!

Birmingham AL | 3/1 | $48,000 | 10.4 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 $58,700 but Asking $48,000.
 Notes: Fix & Flip
High 10.4 Deal Rating
Listed 233 Days Ago! Seller may now be motivated.


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Happy Possible Fix & Flip Profit

Potential Property Metrics
Asking Price: $48,000
Reccommended Offer:$39,479
Repair Estimate: $21,104
Total Investment Estimage$60,583
Potential Value After Repairs:$81,322
Potential Profit / Discount $15,655
 

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 $15,655.00 Profit*

Property is Priced Well Below Online Appraisal Values! Make Offer.
Address: Get Free Account To View!
City: Birmingham
State: AL
Zip: 35208
First Listed: 7/15/2020
Year Built: 1925
Agent: Get Free Account To View!
Agent Phone: Get Free Account To View!
Price: $48,000.00
Online Appraised Value: $58,700.00
Original Price:$48,000.00
Beds/Baths/Sq. Feet: 3/1 | 1220
Property Notes: Fix & Flip





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Property Description

Great fixer upper! All offers must be approved by approved by Jefferson Cou...........
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Property Genius Advanced Analytics

PROPERTY ADDRESS: View Here

Profit/Loss Potential Analysis (C)
Current Asking Price$48,000 Original asking price of $48,000. Listed on Market 233 days ago.
Your Reccommended Offer Price! (V) $39,479 Offer Price Based on ** Already being on market for 233 days. ** Property being an older home meaning more repairs. Built in 1925.** Comments on property indicating the seller is motivated (Fix & Flip)
If more than 1 out of 5 of your offers are being accepted, you are offering too much. Be disiplined! 233 Days on Market. (Property has been listed for 233 Days. Seller should be VERY MOTIVATED to consider a low offer.) | Original List Date: 7/15/2020
Estimated Repairs based on property age and square footage $21,104 Adjust this number based on images below! Property was built in 1925 and has 1220 Square Feet!
Total Investment$60,583Need Financing to Do This Deal? Contact our Customer-Assistance Office Here
Estimated Selling Price after repairs/updates$81,322!! $81,322 ARV Estimate was determined using a combination of the following:
* $92,429.00 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.
* $61,635 Value Estimate based on property being worth 5% more than 3rd Party Appraised Value of $58,700 after updates and repairs. Determined by Analyzing Tax Value, Online Appraisals, Value-Added from Repairs & More.
Estimated Net Received on Sale$76,238 (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 *$15,655 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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