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Ogden — Cook St

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Weber County · 3 bd / 2 ba · 2,604 sqft · Single family · Assignable contract

FlipBRRRR

$264,000

$101/sqft

ARV — MLS-verified

$425,000

Est. rent

$2,250/mo

Spread before rehab

$161,000

Wholesaler's claimed ARV: $435,000 — $10,000 above our estimate (2% higher).

About this deal

1950 Ogden rambler with the heavy demo already done, offered at $259K against a $425K MLS-verified ARV — a 3/2 over a framed-but-unfinished basement, where the finish scope is what creates the spread.

Three-bed, two-bath 1950 rambler on Cook Street in Ogden — 1,440 square feet above grade over an unfinished, framed basement on a fully fenced 0.16-acre lot with an attached one-car garage and a patio. The heavy demolition is already complete, so the remaining scope is framing-out and finish work, which cuts both the rehab timeline and the early-stage risk for a self-performing flipper. The after-repair value lands at $425K rather than the $435K claimed because the unfinished basement and smaller lot price the main floor at comp parity rather than above it. The swing factor is that basement — the full square footage only counts if it finishes out.

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

Dates pending confirmation from the contract holder.

No dates stated in the source email — offer deadline, EMD and settlement terms to be confirmed. Vacant and shown by appointment only.

Run the flip numbers

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

Flip results

Net profit$77,317
All-in (price + rehab + holding)$317,933
Holding costs$13,933
Selling costs$29,750
Return on cash in24.3%
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$432
Mortgage (P&I)$1,284
Operating expenses$534
↳ incl. taxes & insurance (auto est.)$309
Cap rate7.80%
Cash-on-cash return7.85%
Cash needed (down payment)$66,000

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.