Need a buyer Portage Indiana
Condition: Updated flooring, kitchen, bathrooms. Roof ~12 years, furnace ~5 years. Pretty solid. Comps: Older mobiles in the same area: $15k–$50k. Newer models (2020+): $75k–$85k. Yours falls in the middle since it’s older but updated. 📊 ARV (After Repair Value) Conservative: $40k–$45k Mid-range: $45k–$50k Optimistic (if in great shape): $55k 🛠️ Repairs Light touch-ups: $3k–$6k (since flooring & kitchen are updated, only minor work likely). 📈 MAO (Max Allowable Offer) Formula: (ARV – Repairs) × 70% Low Case ($45k – $6k) × 70% = $27,300 Mid Case ($50k – $5k) × 70% = $31,500 High Case ($55k – $4k) × 70% = $35,700 👉 To stay safe: Cap MAO ≈ $30k–$32k 💰 Lowest Allowable Offer (LAO) Zach’s method = ~70% of MAO. $30k × 70% = $21k $32k × 70% = $22.5k 👉 Start your offer at $15k–$20k. ✅ Summary: MAO: ~$30k–$32k LAO / First Offer: ~$15k–$20k Target Closing Price: $20k–$25k (ideal wholesale spread to cash buyer).