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Centerville — N Nola Dr

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Davis County · 5 bd / 3 ba · 3,495 sqft · Single family · Assignable contract

FlipBRRRR

$504,000

$144/sqft

ARV — MLS-verified

$755,000

Est. rent

$2,950/mo

Spread before rehab

$251,000

Wholesaler's claimed ARV: $800,000$45,000 above our estimate (6% higher).

About this deal

A 1973 east-bench Centerville rambler, 3,495 sqft on a quarter acre one street below the mountain, offered at a $499K starting price against a $755K MLS-verified ARV — the $800K claim rests on the single strongest sale in the set.

A 1973 brick rambler on the Centerville east bench — five bedrooms, three baths and roughly 3,495 square feet on a 0.25-acre lot with valley views. Presented in good condition and needing updating rather than repair, with a full basement the marketing pitches as having room for a second kitchen and a walkout, plus a detached "floating" garage marketed as a home-theater or shop space. The after-repair value lands at $755K rather than the claimed $800K because the sales at the top of the comp range each carry something the subject does not — a second kitchen and accessory unit, a much newer build year, or a materially larger lot. Occupied with appointment-only access and a settlement deadline four weeks out, so diligence has to happen fast and before any money moves.

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: Fri, Oct 16, 2026

Settlement deadline 10/16/26. No offer deadline, inspection date or walkthrough date was stated, but the $10K non-refundable EMD is due by 5:00 PM on the offer deadline date — get that date in writing before tendering. Occupied, showings by appointment only; call/text Kallie (385-316-2298).

Run the flip numbers

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

Flip results

Net profit$133,217
All-in (price + rehab + holding)$568,933
Holding costs$24,933
Selling costs$52,850
Return on cash in23.4%
Basis as % of ARV72% (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-$296
Mortgage (P&I)$2,452
Operating expenses$794
↳ incl. taxes & insurance (auto est.)$499
Cap rate5.13%
Cash-on-cash return-2.82%
Cash needed (down payment)$126,000

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.