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Orem — N 520 E

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Utah County · 4 bd / 3 ba · 2,982 sqft · Single family · Assignable contract

Flip

$420,000

$141/sqft

ARV — MLS-verified

$530,000

Est. rent

$2,650/mo

Spread before rehab

$110,000

About this deal

1976 Orem split-level with ~2,980 finished sqft, owned solar and a five-year roof, offered as a $415K assignment against a $530K MLS-verified ARV — the no-garage discount is already baked in.

A 1976 Orem split-level with a finished lower level, four bedrooms plus an office, and three baths — roughly 2,980 finished square feet on a 0.22-acre lot. Owned-and-paid-off solar, a five-year roof and a seven-year HVAC keep the mechanical budget light, leaving mostly cosmetics for the flip. The trade-off is parking: there is no garage or carport, and every sold comp carries a two-car garage, which is why the after-repair value lands at the bottom of the comp range rather than the combined-adjusted figure. A fast, cash-preferring close on or before September 23 means diligence has to happen before the assignment is signed.

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. We only publish an ARV once our licensed agents have confirmed it against MLS sold comps — until then it reads "Pending MLS verification." 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

Settlement deadline: Wed, Sep 23, 2026

Must close on or before Wed 9/23/26; $10K non-refundable EMD due upon assignment signature. No walkthrough date stated — call/text Gabe (385-462-0023).

8 days to closing

Run the flip numbers

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

Flip results

Net profit$11,817
All-in (price + rehab + holding)$481,083
Holding costs$21,083
Selling costs$37,100
Return on cash in2.5%
Basis as % of ARV87% (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-$91
Mortgage (P&I)$2,043
Operating expenses$698
↳ incl. taxes & insurance (auto est.)$433
Cap rate5.58%
Cash-on-cash return-1.04%
Cash needed (down payment)$105,000

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.