Your Personal Stimulus Package Is Here! This Pennsport Gem Nets $67,580!

Your Personal Stimulus Package Is Here! This Pennsport Gem Nets $67,580!
Deal Type Retail / Flip
Availability AVAILABLE

Purchase Price $165,000
Rehab Price $46,336
Net Profit $67,580
Annualized Return 58.4800%

422 Dickinson Street
Philadelphia, PA 19147

There are two ways to do this deal and the profit upside stays amazingly high! But first the essentials. The property has appraised for $338,000 and other listings in the area bear this market value to be firm.

This area, the Pennsport area of Philadelphia, is just outside of Center City and south of the Historic area of the city.

Our recommended strategy for this rehab project is to execute the deal as a Buy Low/Sell Low™ We are setting the final sale price for this property (after all concessions) $18,000 below the appraised value at $320,000 to effectively eliminate any competing properties on price and sell this home fast. Even without this price concession properties in the area are selling in 7-14 days! This aggressive pricing strategy will move the home quickly while netting over $67,500 in quick profit.

This deal can also be done with Hard Money (which we have arranged) with only $31,000 out of pocket and a return of $42,550. That is a 274% annualized ROI. Please see pages 4 and 5 for Hard Money financials on this deal.

For Information or comments go to: mbhomessolutions@gmail.com