An off-market property in Kirkland, WA (6 bath, 3,060 sq ft), offered at $1,040,400 against an estimated after-repair value of $1,400,000. Off-market property in Kirkland, WA. Suited to a fix & flip buyer.
Off-market property in Kirkland, WA. Suited to a fix & flip buyer.
| Location | Kirkland, WA |
|---|---|
| Property type | Property |
| Bathrooms | 6 |
| Living area | 3,060 sq ft |
| Strategy | Fix & flip |
Price + rehab is 74% of ARV; est. net profit $170,565; 87% cash-on-cash return on $195,075 in.
| Flip with financing | All cash | ||
|---|---|---|---|
| Price + rehab | $1,040,400 | Price + rehab | $1,040,400 |
| Loan (90% + rehab, max 75% ARV) | $936,360 | Buyer closing costs | $20,808 |
| Interest (11%, 6 mo) + points | $70,227 | Selling costs (7% of ARV) | $98,000 |
| Cash you put in | $195,075 | Cash you put in | $1,061,208 |
| Est. net profit | $170,565 | Est. net profit | $240,792 |
| Cash-on-cash return | 87% | Return on cash | 23% |
Great deal: price + rehab at or under 70% of ARV, at least $30,000 est. profit and 50%+ cash-on-cash return. Good deal: at or under 78% of ARV, $20,000+ profit and 25%+ return. Fair deal: under 88% of ARV with a positive profit. High price: anything else. Estimates using the assumptions shown; adjust them on the listing page.
| Asking price | $1,040,400 |
| After-repair value (ARV, est.) | $1,400,000 |
| Equity spread (ARV − all-in) | $359,600 (26% of ARV) |
| All-in cost as % of ARV | 74% |
| Financing (Win-Win, est.) | $988,400 loan · 95% of purchase + 100% of rehab |
| Est. cash to close | $83,200 |
| Est. net profit after costs | $171,100 |
All figures are estimates. Financing terms depend on the buyer's experience, credit and the appraisal.
Scope to be confirmed by the buyer's contractor.
Estimates only. Financing figures use Win-Win Capital Funding's published program limits and assume a qualified buyer; actual terms depend on credit, experience and appraisal.
Kirkland, WA is an active investor market.
ARV supported by recent renovated sales nearby.
Offered as-is. Submit offers through the marketplace with proof of funds or a pre-approval; Win-Win can issue a proof of funds letter and close with 100% purchase and rehab financing for qualified buyers.