5580 Moceri Ln, Grand Blanc, MI 48439

Details: 

🛏️ Beds: 3

🛁 Baths: 1.5

📐 Living Area: 1,381 sq. ft

📐 Lot Size: 14,113 sq. ft

🏢 Year Built: 1964

• NEED NEW ROOW.
• NEED NEW GARAGE DOOR.
• UNFINISHED BASEMENT. 
  

CONTRACT PRICE: $117,000

EST. EXPENSES: $40,000

AFTER RENOVATION VALUE: $260,000

EST. TOTAL PROFIT: $103,000

Does the market support the Sales Projections?

🏘️ Comps:

#1 - 2250 Rollins St, Grand Blanc, MI 48439 

3 bd 2 ba - 1,521 sqft 

Sold: $237,000 - Sold on 09/15/23 

#2 - 2387 Rollins St, Grand Blanc, MI 48439

3 bd 2 ba - 1,321 sqft

Sold: $233,000 - Sold on 11/30/23  

#3 - 5286 Fern Ave, Grand Blanc, MI 48439

3 bd 2 ba - 1,344 sqft 

Sold: $180,000 - Sold on 10/31/23 

Exit: Assignment. Assigned to an investor for $133,000 and collected $16,000 assignment fee.

Paperworks:

Purchase & Sales Contract

Assignment Agreement

Closing Statement