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Kamas — Country Circle

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Summit County · 5 bd / 3 ba · 2,620 sqft · Single family · Assignable contract

Buy & hold

$504,000

$192/sqft

ARV — MLS-verified

$730,000

Est. rent

$2,800/mo

Spread before rehab

$226,000

Wholesaler's claimed ARV: $780,000 — $50,000 above our estimate (7% higher).

About this deal

Kamas 5-bed two-story on 1.1 acres at $499K — 2,620 sqft, no HOA, nightly rentals permitted — against a $730K MLS-verified ARV. Assignable contract; buyer pays both sides of closing.

Five-bed, 2,620-square-foot 1983 two-story on 1.1 acres in Kamas with no HOA and nightly rentals permitted — a genuine short-term-rental footprint in the Park City/Uinta gateway, plus a second kitchen and a partially finished basement that open a mother-in-law or separate-rental angle. The big-ticket systems are recent (both furnaces 2023 and 2026, water heater 2025, lifetime metal roof). The caveat is the bath count — five bedrooms served by two full baths plus a three-quarter — which caps the long-term rent and resale ceiling, so this is a buy-and-hold/STR play rather than a flip.

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.

Assignable contract; buyer pays both sides of closing. Contract, walkthrough and settlement dates not yet stated — confirm before submitting.

Run the flip numbers

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

Flip results

Net profit$109,967
All-in (price + rehab + holding)$568,933
Holding costs$24,933
Selling costs$51,100
Return on cash in19.3%
Basis as % of ARV75% (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-$431
Mortgage (P&I)$2,452
Operating expenses$779
↳ incl. taxes & insurance (auto est.)$499
Cap rate4.81%
Cash-on-cash return-4.10%
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.