About Property This stunning beauty in up and coming Deanwood boasts 3 bedrooms and 1.5 baths. It has been rehabbed with new plumbing, electric, roof, front porch, deck and built in barbecue pit. Carpeting throughout with ceramic tiled baths and kitchen with beautiful cherry wood cabinets with stainless steel appliances.
About Repairs Front and back yards need to be landscaped, basement needs to be painted, some baseboards need to be added and radiator needs to be replaced.
Miscellaneous 1 year of ADT alarm service provided. This property sits on a double lot (5,496 sq. ft.).
Property Location Market: Washington DC Street Address: 5206 Clay St, NE map City: Washington State: Washington, DC Zip Code: 20019 Part Of Town: Deanwood
The Numbers Est. After Repair Value (ARV): $250,000 minus Seller's Asking Price: $169,000 minus Estimated Cost of Repairs: $3,500 minus Assignment Fee: $8,000 Total cost to Investor: $180,500 equals Profit Potential of: $69,500
Area Comps 4604 Kane Pl., NE Wash, DC 20019 - $264,000; 1003 50th St., NE Wash, DC 20019 - $ $220,000; 5207 Jay St., NE Wash, DC 20019 - $ 258,000.