🚨 Deal Breakdown in Rock Falls, IL
Just came across an auction deal that checks all the boxes β€” low entry price, light rehab, and plenty of profit potential. πŸ‘€
πŸ“ Property Details
🏠 3 Bedrooms / 1 BathroomπŸ“ 1,800 sq ft
πŸ’‘ Light cosmetic work needed β€” great bones overall
πŸ“ Located in a stable market that’s not oversaturated
πŸ“Š The Numbers
πŸ’° Projected Auction Purchase Price: $25,000 (starting bid)
πŸ›  Rehab Budget: $5,000–$10,000 (cosmetic refresh)
πŸ“„ Closing + Holding Costs: ~$13,000 (β‰ˆ10% of ARV)
πŸ’Έ Total Project Cost: β‰ˆ $43,000–$48,000
πŸ“ˆ After Repair Value (ARV): $110,000–$130,000
πŸ’΅ Projected Profit & ROI
If sold near the midpoint ARV of $120,000,
Profit: ~$72,000πŸ“Š ROI: ~150%+
πŸ’¬ Why I Like This Deal
βœ… Minimal rehab = quick turnaround time
βœ… Low starting bid leaves tons of room for margin
βœ… Strong spread between all-in cost and ARV
βœ… 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 πŸ‘‡
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Tiffany Dasilva
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🚨 Deal Breakdown in Rock Falls, IL
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