Oct 21 • Deal Hub
🚨 Deal Breakdown in Rock Falls, IL
Just came across an auction deal that checks all the boxes — low entry price, light rehab, and plenty of profit potential. 👀
📍 Property Details
🏠 3 Bedrooms / 1 Bathroom📏 1,800 sq ft
💡 Light cosmetic work needed — great bones overall
📍 Located in a stable market that’s not oversaturated
📊 The Numbers
💰 Projected Auction Purchase Price: $25,000 (starting bid)
🛠 Rehab Budget: $5,000–$10,000 (cosmetic refresh)
📄 Closing + Holding Costs: ~$13,000 (≈10% of ARV)
💸 Total Project Cost: ≈ $43,000–$48,000
📈 After Repair Value (ARV): $110,000–$130,000
💵 Projected Profit & ROI
If sold near the midpoint ARV of $120,000,
Profit: ~$72,000📊 ROI: ~150%+
💬 Why I Like This Deal
✅ Minimal rehab = quick turnaround time
✅ Low starting bid leaves tons of room for margin
✅ Strong spread between all-in cost and ARV
✅ Located in a less competitive market = higher odds of winning the bid
If you were bidding on this one, what’s the highest auction price you’d feel comfortable going to while still keeping a solid profit margin? Drop your number below 👇
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🚨 Deal Breakdown in Rock Falls, IL
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