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Draper — Brambleberry Ln

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Salt Lake County · 3 bd / 2.5 ba · 2,700 sqft · Single family · Assignable contract

Buy & holdBRRRR

$540,000

$200/sqft

ARV — our conservative est.

$655,000

Est. rent

$2,600/mo

Spread before rehab

$115,000

About this deal

1995 brick home in the established Cranberry Hill subdivision — three-car garage, new roof, good bones, and by the contract holder's own description a cosmetic-updates project rather than a rehab. The unfinished basement is the whole story: it's pre-framed and plumbed, which saves the rough-in, but until it's finished this appraises as a three-bedroom in a pocket where the neighbors are four and five bedrooms. That's the value-add and the drag at the same time. Worth knowing the house changed hands in January and is already being re-assigned — ask what it last traded for before you shape an offer. Priced above where our numbers work today, but it's the strongest physical asset we're tracking and the finished-basement version is a real hold. No ARV was claimed on this one.

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. The ARV we show is our OWN conservative comp-based estimate, not the wholesaler's number: we comp every deal independently and lean to the low end, then show the wholesaler's claim beside ours so you can see the gap. Public-comp figures are marked provisional until our licensed agents confirm them against MLS sold data. 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

Walkthrough: Wed, Jul 29, 2026

Settlement deadline: Fri, Aug 14, 2026

Walkthrough is being held today (7/29) — by appointment through the contract holder. Delayed-occupancy escrow holdback runs through 9/30/26, so the seller stays in the home after closing.

walkthrough today

Run the flip numbers

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

Flip results

Net profit$2,567
All-in (price + rehab + holding)$606,583
Holding costs$26,583
Selling costs$45,850
Return on cash in0.4%
Basis as % of ARV89% (70% rule target)

Estimates for planning only — not financial advice. ARV defaults to our conservative comp-based estimate; run your own comps.

Run the rental numbers

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

Results

Monthly cash flow-$814
Mortgage (P&I)$2,627
Operating expenses$788
↳ incl. taxes & insurance (auto est.)$528
Cap rate4.03%
Cash-on-cash return-7.24%
Cash needed (down payment)$135,000

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

Red Valley Real Estate. Wholesale opportunities are assignable-contract (equitable interest) positions sourced from third-party wholesalers; Red Valley does not hold the contract or represent the property seller unless otherwise disclosed. Figures are estimates for planning purposes and not financial advice.