Wayne County, Detroit, MI 48238

After Repair Value (ARV): $255,000 Estimated Rehab: ~$40,000 (Cosmetic Only) Potential Spread: ~$60,000 Property Specs: 3 Beds | 1.2 Baths | 1,964 Sq Ft | Brick Col onial Investment Strategy: Quick Cosmetic Flip or High-Cash-Flow Rental (BRRRR) (WHOLETAIL) Key Highlights minimum Demo Required: Clean slate with no heavy tear-out or trash-out needed. Move straight into updating. Light Cosmetic Scope: Projected rehab focuses primarily on fresh interior paint, modern kitchen cabinet/countertop refreshes, and carpet/flooring replacement. Classic Brick Construction: Solid 1,964 sq ft two-story brick colonial layout with strong structural b ones. Fast Turnaround Potential: Minimal labor required allows for a rapid 30-to-45-day rehab timeline to get to market quickly. Investment Breakdown With zero teardown and a straightforward cosmetic scope, this project offers a high-velocity return for fix-and-flip investors aiming for the $255,000 ARV. Buy-and-hold investors can also execute a clean cosmetic update, stabilize tenant occupancy, and execute a cash-out refinance with significant equity left in the deal. Transaction Terms EMD: $2,500 non-refundable earnest money deposit upon contract execution. Closing: Fast closing via preferred title company; buyer covers standard closing costs. Access & Lockbox: Contact Jacob for walkthrough scheduling.