Quarter-acre corner lot, utilities adjacent
Wholesale lot with one open question the survey answers. Priced like the seller knows it — which is the opportunity.
Land check: Partial flood AE at the rear — siting matters; survey decides.
The pro forma
Pencils at asking- Land (asking)
- $42,000
- Build costincl. 10% contingency
- $269,500
- Purchase closing (est.)
- $525
- Carry, 12 mo (est.)taxes, insurance
- $840
- Financing (est.)interest + fees, illustrative
- $20,671
- Selling costs (7%)
- $29,050
- All-in cost
- $362,586
- Finished value (comps)
- $415,000
- Projected net
- $52,414
- Net margin / return on cost
- 12.63% · 14.46%
Financing modeled at illustrative market terms over 12 months — your actual terms are quoted per deal.
Value figure from builder solds within 2 mi; verify independently.
- Rear of parcel touches AE — the house pad sits clear, but the survey is the contract-grade answer.
- Wholesale price leaves room even after the flood-zone discount question.
This pro forma is already in the shape our capital partners underwrite — so if the deal fits your box, the financing conversation is short.
Get financing on this deal →Third-party wholesale deal. Springwell Capital is not the seller and does not represent the seller; availability is subject to confirmation and deals can go under contract at any time. Ask us and we'll confirm status same day.
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