3 bedroom / 2 bathroom
ARV: $450,000-460,000 +/-
Average Market Rent: $1,876/month
Rehab: $50,000-60,000 +/-
Here is a 3/2/2 block flip in the booming Mills District. A full rehab is recommended for a flip in this area. People will pay top dollar for high end renovations in this neighborhood.
Comps show that renovated comps in this area with similar bed/bath/SqFt will sell between $255-260/SqFt. That puts the ARV in the $450-460K +/-. All the comps sold between 1-6 days.