REI Reach
This is a demo property listing — interactions are disabled
3-Bed Flip Opportunity in Riverside
1420 Maple Drive
Riverside, CA 92501
Off MarketFix & Flip
Purchase Price
$285,000
Light Rehab ARV
$370,000
Light Rehab
$25,000 – $35,000
ROI
15.6% – 19.4%
Property Details
Type
Single Family
Beds
3
Baths
2
Above Grade Sqft
1,450
Year Built
1978
Lot Size
6,200 sqft
Property Notes
Condition
Needs cosmetic updates. Kitchen and bathrooms are dated but functional. New roof in 2020.
Deal Analysis
MAO (70% Rule)$220,000
Light Rehab Scenario
Rehab Budget$25,000 – $35,000
ARV$370,000
Profit Range$50,000 – $60,000
ROI15.6% – 19.4%
Full Rehab Scenario
Rehab Budget$50,000 – $65,000
ARV$400,000 – $420,000
Profit Range$50,000 – $85,000
ROI14.3% – 25.4%
Assignment Fee$12,000
MAO = ARV × 70% − Repairs − Assignment Fee. Profit = ARV − Purchase Price − Rehab Budget. ROI = Profit ÷ (Purchase Price + Rehab Budget).
Rental Projections
Rent After Reno (No Basement Finish)$2,200 – $2,500/mo
Renovation Overview
- •Kitchen remodel, bathroom updates, new flooring throughout, interior paint. Exterior in good shape.
Why This Deal Is Strong
- ✓Strong ARV comps within 0.5mi. Motivated seller relocating. Below market by $40K+.
Photos
Showing Instructions
Call to schedule. Lockbox on front door.
Quick Summary
Purchase Price$285,000
Light Rehab$25,000 – $35,000
Light ARV$370,000
Full Rehab$50,000 – $65,000
Full ARV$400,000 – $420,000
Spread$85,000
Want to see more properties like this?
Sign up for free to browse more off-market deals and connect with wholesalers on REI Reach.
Sign up here