Enter Your Numbers
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Your True Net Equity
$110,000
This is what you could walk away with if you sold the home on the open market (minus standard 6% agent fees).
- Home Value: $350,000
- Minus Payoff & Arrears: -$215,000
- Minus Repair/Prep: -$25,000
Typical Predatory Cash Offer
$220,000
This is what a wholesaler or cash buyer will offer you. They use the "70% Rule" to guarantee their profit.
- Their Formula: (Value × 70%) - Repairs
- Their Offer: $220,000
- Your Mortgage Payoff: -$215,000
- You Walk Away With: $5,000