Investment Property
Talladega Below Appraisal Deal! Priced $13,000 Below Appraisal!
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Priced $13,000 Below Appraisal!


Priced $13,000 Below Appraisal!!
HappyBrain Reccommends Offering $24,674.42!

Talladega AL | 2/1 | $30,000 | 10.7 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 $43,000 but Asking $30,000.
$13,000 Below p1Appraisal
$14,152 Below realAppraisal
 Notes: Sold As Is
High 10.7 Deal Rating
Listed 260 Days Ago! Seller may now be motivated.


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Potential Property Metrics
Asking Price: $30,000
Reccommended Offer:$24,674
Repair Estimate: $20,899
Total Investment Estimage$45,573
Potential Value After Repairs:$62,998
Potential Profit / Discount $13,355
 

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 $13,355.09 Profit*

Property is Priced Well Below Online Appraisal Values! Make Offer.
Address: Get Free Account To View!
City: Talladega
State: AL
Zip: 35160
First Listed: 5/11/2020
Year Built: 1920
Agent: Get Free Account To View!
Agent Phone: Get Free Account To View!
Price: $30,000.00
Online Appraised Value: $43,000.00
Original Price:$30,000.00
Beds/Baths/Sq. Feet: 2/1 | 1204
Property Notes: Sold As Is





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Property Description

Calling all investors! Great location off hwy 77, Being sold AS IS 2 bedroo...........
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Property Genius Advanced Analytics

PROPERTY ADDRESS: View Here

Profit/Loss Potential Analysis (C)
Current Asking Price$30,000 Original asking price of $30,000. Listed on Market 260 days ago.
Your Reccommended Offer Price! (V) $24,674 Offer Price Based on ** Already being on market for 260 days. ** Property being an older home meaning more repairs. Built in 1920.** Comments on property indicating the seller is motivated (Sold As Is)
If more than 1 out of 5 of your offers are being accepted, you are offering too much. Be disiplined! 260 Days on Market. (Property has been listed for 260 Days. Seller should be VERY MOTIVATED to consider a low offer.) | Original List Date: 5/11/2020
Estimated Repairs based on property age and square footage $20,899 Adjust this number based on images below! Property was built in 1920 and has 1204 Square Feet!
Total Investment$45,573Need Financing to Do This Deal? Contact our Customer-Assistance Office Here
Estimated Selling Price after repairs/updates$62,998!! $62,998 ARV Estimate was determined using a combination of the following:
* $73,997.80 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.
* $45,150 Value Estimate based on property being worth 5% more than 3rd Party Appraised Value of $43,000 after updates and repairs. Determined by Analyzing Tax Value, Online Appraisals, Value-Added from Repairs & More.
Estimated Net Received on Sale$58,928 (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 *$13,355 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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