Rancho Mirage, CA

42588 Rancho Mirage Lane, Rancho Mirage, CA, USA

Sold

$643,000

Property Description

This fix & flip project was purchased for $435,000 in July of 2022. The investor completed $220,000 of rehab over 12-months and increased the value of the asset to $1,050,000. Since summer time is not the most optimal selling market in the Coachella Valley, the investor looked to Brenance to offer a 12-month bridge loan. The home is expected to be sold within 6 months.

Contact Agent

Marcus Harris

123-456-7890

invest@brenance.com

Property Details

Property Type

Bedrooms

LTV

61%

Size

1,200

LTC

51%

Year Built

2023

Property Location

42588 Rancho Mirage Lane, Rancho Mirage, CA, USA