A88
Price
$58,000
$53/sqft
Property
3bd / 1ba · 1,100 sqft
SFH · Built 1965 · Lot 6,500 sqft
Status
auction
21 days on market · auction
Flip Analysis
Purchase Price$58,000
Repairs (Cosmetic Full ($10-15/sqft))$11,000
All-In Cost$69,000
ARV (After Repair Value)$115,000
Max Offer (70% Rule)$69,500
Potential Profit$46,000
ARV Score
30/30
70% Rule
25/25
Equity Upside
14/15
Risk Deductions
-4/10
Rental Analysis
Monthly Rent Estimate$950
Monthly Cash Flow$520
Cap Rate11.2%
Cash-on-Cash Return22.5%
Cash Flow Score20/20
Assumptions
Down payment: 25%Rate: 6.99%Management: 10%Maintenance: 5%Vacancy: 8%HOA: $0/mo
Seller Motivation8.8/10
High Motivation
Signals Detected
- Bank owned REO
- Listed for auction
- Vacant property
- Sold as-is
Price History
Listed at $58K on 2026-01-25
Comparable Sales (4)
| Address | Price | $/sqft | Sqft | Beds/Baths | Sold Date | Distance |
|---|---|---|---|---|---|---|
| 3901 Frayser Blvd | $108,000 | $103 | 1,050 | 3/1 | 2025-12-01 | 0.2 mi |
| 3901 Frayser Blvd | $108,000 | $103 | 1,050 | 3/1 | 2025-12-01 | 0.2 mi |
| 3720 Argonne St | $118,000 | $98 | 1,200 | 3/1.5 | 2025-11-15 | 0.4 mi |
| 3720 Argonne St | $118,000 | $98 | 1,200 | 3/1.5 | 2025-11-15 | 0.4 mi |
Additional Evaluation Factors
School Rating
4/10
Nearby Sold Vol.
35 sales
Property Tax Rate
1.45%
Insurance Est.
$980/yr
Vacancy Rate
6.8%
Neighborhood
stable
Walk Score
35/100
Owner Tenure
2 yrs
HOA
None
Listing Description
Bank owned REO property. Investor special — great cash flow opportunity in established neighborhood. Property is vacant and sold strictly as-is. No repairs or warranties.