This is an off-market flip in Pensacola.
The house is in good condition but is dated. It will need cosmetic updated throughout. The roof is metal and metal roofs last a long time. There could be some years left on it.
This house is bigger than all of the comps and is on a much bigger lot. Since it’s hard to do a direct price/SQFT comparison we used a low end value of 115-120/SQFT which puts the ARV around 190k.
House is currently occupied but will be vacant at closing.