Owensboro, KY – SFH 3/1 Excellent flip or buy & hold!

Call, Text, or Email Michael for more info on this deal!
mike@propertypulse.io    |    321-613-6474

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PROPERTY SUMMARY

• Type:  Single Family Home
• County: Daviess
• Beds: 3
• Baths: 1
• Living: 948 sf
• Lot: 4,902 sf
• Year: 1950
• Pool:  No
• Exterior: Wood frame
• Utilities: City Water/Sewer
• Flood Zone:  No
• HOA:  No

CLOSING & ACCESS

• Closing: 7/25/25
• EMD: $5,000
• Occupancy:  Owner Occupied – Will Vacate
• ACCESS: By Appointment Only (proof of funds required beforehand)

INVESTMENT SUMMARY

• Wholesale Price:  $79,000 +cc
• Potential ARV:  $145,000
• Gross Margin:  $66,000
• Estimated Rehab:  $30,000 – $40,000

REHAB SUMMARY

• Roof: Needs replacement
• HVAC:  Needs Replacement
• Plumbing:  No known issues
• Electrical:  No known issues
• Exterior:  Some landscaping needed and fresh paint
• Interior:  Updates to the kitchen, bathrooms and flooring

SOLD COMPS

• 1733 W 1st St (3/1, 1,046 sf, 1964 year) — Sold for $149,500 (7/1/2024) — Partially Renovated
• 1740 Lee Ct (3/1, 976 sf, 1937 year) — Sold for $139,900 (3/21/2025) — Partially Renovated
• 1852 Chesterfield Dr (2/1, 728 sf, 1951 year) — Sold for $114,900 (2/28/2025) — Renovated

RENT COMPS

• 3021 Ridgewood St (3/1, 957 sf, 1957 year) — Rent for 1,600/month — Partially Renovated

MUST READ:

• $5,000-$10,000 Earnest Money Deposit (refundable ONLY if clear title cannot be conveyed).
• Buyer pays ALL closing costs. Closing MUST be with our escrow company.
• Cash or Private/Hard Money ONLY. No Financing Contingencies.
• Walkthroughs by Appointment Only. DO NOT disturb occupants.
• Property sold AS-IS, No Contingencies. Conduct due diligence prior to assignment.
• Buyer must verify all information independently. We assume no liability for accuracy.
• DO NOT contact the seller. Unauthorized contact will result in legal action.
• We are acting as a principal, not as a broker. NO representation is made to any party.
• This is an assignment of contract. A legally binding purchase contract with memorandum has been signed with the seller giving this company exclusive rights to purchase the property.
• We DO NOT grant anyone permission to market this property without approval. Realtors and Wholesalers – contact us directly.