Lets break this deal down ARV 227,000 48,500 (obo) + 81,000 (repairs)= 129,500. 227,000-129,500= 97,500 (profit). Or you can rent this property out for 1700-1900 a month (zilpy.com). COMPS: 1401 poppleton st- 244,000 (4/21/11) 843 Ramsay St- 250,000 (4/01/11), 1707 w lombard st- 230,000 (9/01/11) Your Exit- Fix and Flip or Fic and Rent out
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