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Rose Park — Sterling Dr

available

Salt Lake County · 4 bd / 1 ba · 1,884 sqft · Single family · Assignable contract

Buy & holdFlip

$304,000

$161/sqft

ARV — MLS-verified

$470,000

Est. rent

$2,000/mo

Spread before rehab

$166,000

About this deal

Rose Park 4/1 brick rambler at $299K — 1,884 sqft over a full basement on Sterling Dr — against a $470K MLS-verified ARV. Offers due Oct 5 before 10 AM.

Four-bed, one-bath 1951 brick rambler on W Sterling Dr in Rose Park — 1,884 square feet over a full basement on a 0.14-acre lot with a two-car detached garage. The after-repair value lands at $470K, near the top of a tight four-sold set (all within ~0.3 mi, $411K–$505K net of concessions) — crediting the full basement and brick build, but resting above the one same-vintage 4/1 analog that closed at $420K. At $299K the ask sits near 64% of that ARV, so the spread is meaningful and the margin is made in the buy plus a cosmetic refresh. The swing factors are the single bath and a 2001 effective-year, which are what keep $470K at the top rather than the middle of the range.

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

Offers due: Mon, Oct 5, 2026

Settlement deadline: Tue, Oct 13, 2026

Offers due Oct 5 before 10 AM; close & possession Oct 13. Assignable contract; buyer pays both sides of closing costs.

4 days to offer deadline

Run the flip numbers

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

Flip results

Net profit$77,333
All-in (price + rehab + holding)$359,767
Holding costs$15,767
Selling costs$32,900
Return on cash in21.5%
Basis as % of ARV73% (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-$19
Mortgage (P&I)$1,479
Operating expenses$541
↳ incl. taxes & insurance (auto est.)$341
Cap rate5.76%
Cash-on-cash return-0.31%
Cash needed (down payment)$76,000

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.