Saint Joseph, MO – SFH 3/1 Great Flip Opp!

Contact Michael Ilhardt, Dispositions Manager!

mike@propertypulse.io  *  321-613-6474

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PROPERTY SUMMARY

• Type:  Single Family Home
• County:  Buchanan
• Beds:  3
• Baths:  1
• Living:  1,342 sf
• Lot:  13,504 sf
• Year:  1961
• Pool:  No
• Utilities:  City Water/Sewer
• HOA:  No
• Notes:  Total of 2,684 sqft including the basement

CLOSING & ACCESS

• Closing:  8/27/25
• EMD:  $10,000
• Occupancy:  Owner Occupied – Will vacate
• Access:  By Appointment Only (proof of funds required beforehand)

INVESTMENT SUMMARY

• Wholesale Price:  $179,000 +cc
• Potential ARV:  $290,000
• Gross Margin:  $111,000
• Potential Rent: $2,200/month
• Estimated Rehab:  $50,000 – $60,000

REHAB SUMMARY

• Roof: Needs Replacement
• HVAC:  Needs Replacement
• Plumbing:  No known issues
• Electrical:  No known issues
• Exterior:  Some landscaping needed and fresh paint
• Interior: Bathrooms and kitchen are still original

SOLD COMPS

• 3510 W Lantern Ln (3/3, 2,496 sf, 1962 year) — Sold for $289K (2/26/25) — Fully Renovated
• 3338 Chatham Ave (3/2, 1,372 sf, 1957 year) — Sold for $250K (10/29/24) — Partially Renovated
• 3322 Mueller Ln (3/2, 2,552 sf, 1961 year) — Sold for $250K (7/27/24) — Partially Renovated

RENT COMPS

• 3317 Auburn Dr (3/3, 2,010 sf, 1962 year) — Rent for $1,295/month

MUST READ:

• $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 and memorandum have been signed with the seller, giving our company exclusive rights to purchase this property.
• We DO NOT grant anyone permission to market this property without our approval. Realtors and Wholesalers – contact us directly.