Aug 19 • Deal Hub
✅ Deal Breakdown in Tacoma, WA
Property Snapshot:
- Address: 6014 S D St, Tacoma, WA 98408
- Specs: 3 Beds, 2 Baths, ~1,414 sq ft, built in 1965
- Recent Valuation Insight: A property report estimates resale value as high as $470,000 — assuming top condition
** Financial Breakdown:**
Max Bid $280,000
Rehab Budget $20,000
Closing Costs $36,000
Holding Costs $9,000
** Total Project Cost**
$345,000
After Repair Value (ARV) $450,000
Projected Profit $105,000
Estimated ROI≈ 30%
Calculations:
- Total Investment = $280K + $20K + $36K + $9K = $345K
- Profit = ARV ($450K) – Total Cost ($345K) = $105K
- ROI ≈ $105K ÷ $345K ≈ 30%
Why This One Stands Out
- Strong ARV Spread: The aggressive ARV of $450K gives a healthy upside over total costs.
- Modest Rehab: At just $20K, rehab scope seems limited—great for faster completion and lower uncertainty.
- Auction Flexibility: Buying under market value at auction offers room to bid smart and control margin.
- Recent Comparable Value: With resale estimates up to $507K, the $450K ARV sits conservatively—buffer built in.
Fellow investors: With a ~30% ROI on this deal, what would your max bid ceiling be if you're aiming for a >= 25% ROI instead?
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✅ Deal Breakdown in Tacoma, WA
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