7542 S. Harvard, Chicago, IL SFH, Brick 2 Story, Gut Rehab ; 1402 sq ft Built in 1908; ARV $250,000 Assign Contract For $86,000; ; $80,000 gut rehab; $1800/month possible rent-; Over $56,000 in Profit Potential after all holding costs and expenses for fix and flip; $84000 equity if buy and hold (see detail below)

SFH Brick 2 Story SFH 1402 sq Gut Rehab

SFH Brick 2 Story 1402 sq ft Built 1908;
Assignment Price:  $86,000 CASH AS IS
After Repaired Value: $250,000
Monthly Rent Possible $1800
Less Closing  Costs @7%: $17,500
Estimated Project Time 3 months
Less Repairs:   $80000-gut rehab
Holding Costs 4% :$10,000
Contract Price:     $86,000
Potential Equity (if buy and hold: $84,000)
Potential Profit: (if buy and sell: $56,500

Offer Requirements:
Take over Contract at $86,000
CASH BUYER  (No financing)
$5,000 Earnest Money
Verifiable Proof of Funds and Verification of Deposit (Redacted Bank  or Brokerage Statement Only)
14 Day Close

All deals cash or hard money only. I like to work with everyone which usually means if you’re making money I’m making money…If you are a realtor, please contact us to discuss how we can get you paid! What I am selling is my assignable contract with the seller of the property. I have a real estate license but am NOT acting as a realtor in this deal. All properties require cash or a private/hard money loan in order to purchase – no conventional or FHA financing available unless otherwise indicated. All inspections must be completed prior to buyer signing the contract. All properties are sold as-is, where is. Buyer must complete all due diligence before submitting an offer and executing any contract. Buyers will need to provide a $5,000 non-refundable deposit at time of contract. Buyer will be responsible for all closing costs unless otherwise indicated. Closing is an assignment of our contract with the seller to the end buyer.

ASSIGNMENT CONTRACTS ARE NON-ASSIGNABLE

To receive Assignment Agreement to  purchase: send name, cell phone number, email to:
Kevin Pritchett, Esq
Head of Dispositions
Thor Capital Holdings, LLC
kevin@thorcapitalholdings.com
312-505-1957