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SLC — Forest Farm Cir (Millcreek area)

available

Salt Lake County · 3 bd / 2 ba · 1,624 sqft · Single family · Assignable contract

FlipBuy & hold

$559,000

$344/sqft

ARV

$750,000

Est. rent

$2,200/mo

Spread before rehab

$191,000

About this deal

1999 one-level on a cul-de-sac near Nibley Park Golf Course, 0.23-acre lot, solar. Photo-based rehab range: $25K–$45K — kitchen already updated (granite, stainless), baths and paint are original, heavy clutter limits what photos can show. Occupied — showings by appointment. ARV is the contract holder's claim; verify with comps.

Red Valley Real Estate presents every deal in the same format — asking price, ARV, and projected rent — so you can compare opportunities side by side. ARV figures on wholesale deals come from the contract holder; we treat them as claims to verify, and our licensed agents can run an independent market analysis on request. We don't publish rehab numbers we can't stand behind: where you see a rehab range, it comes from our review of the property photos, and you can test your own assumptions with the calculators below or ask us to arrange a contractor walkthrough.

Key dates

Dates pending confirmation from the contract holder.

Run the flip numbers

Pre-loaded with this property's figures — drag to test your assumptions.

Flip results

Net profit$71,046
All-in (price + rehab + holding)$626,454
Holding costs$27,454
Selling costs$52,500
Return on cash in11.3%
Basis as % of ARV80% (70% rule target)

Estimates for planning only — not financial advice. ARV defaults to the wholesaler's claim; run your own comps.

Run the rental numbers

Pre-loaded with this property's figures — drag to test your assumptions.

Results

Monthly cash flow-$1,282
Mortgage (P&I)$2,719
Operating expenses$763
↳ incl. taxes & insurance (auto est.)$543
Cap rate3.09%
Cash-on-cash return-11.01%
Cash needed (down payment)$139,750

Estimates for planning only — not financial advice. Want a deal underwritten for real? Join the investor list.

Red Valley Real Estate. Wholesale opportunities are marketed as assignable-contract (equitable interest) positions with the contract holder's written authorization. Figures are estimates for planning purposes and not financial advice.