Property Report 5119 W 63rd Prairie Village, KS 66208 Important Dates Earnest Money Deposit (EMD) Amount : $ 500.00 US Earnest Money due on signing: $ 500.00 (EMD is non-refundable and will be required upon acceptance of Assignment Agreement)
Due Diligence due date: July 19, 2017 Closing Date: August 8, 2017
Property Stats Bed: 3 Bath: 2 Square Feet: 1,911 Year Built: 1972
Location: Centrally located in Prairie Village, a community within Kansas City. Quiet community, close to schools and shopping. Located in a very desirable and sought after neighborhood. Most properties that are rehabbed, increase the values substantially and then sold in 1 day to 30 day averages.
Purchase Price: $271,000 (including Wholesale Fee)
Required Rehab Repair or replace one exterior wall damaged previously by termites. (Certificate provided) Replace backyard deck to enhance leisure space. Open concept for kitchen, dining and living area. New paint, resurface and repair existing hardwood floors and new carpet for bedrooms. Rehab budget used was $40,000 and detailed by General Contractor (Bid available)
Investment Details ARV (After Repair Value): $427,000
Projected Profit (All Cash): $ 73,000
Average days on market for homes in this area: <40 Estimated Turnaround: 3 months
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