Revealing Trouble: An In-Depth Analysis of Flipper Finances

There are currently over 11,000 houses for sale in Sacramento County. Approximately 2,100 of these were sold once before within the last two years, thus qualifying their sellers as flippers. Comparing the asking prices of these 2,100 flipper houses to their most recent previous sales price gives us an easy way to screen for Flippers In Trouble. That is how I derive the data for this blog. There are those of you, however, who suspect that I'm only skimming the troubled surface the market. "What about carrying costs, loan balances, and agent commissions?" Well, you guys wouldn't be reading this blog if you weren't smart people, and smart people ask smart questions. Unfortunately, there isn't a ready source for this kind of data. However, an anonymous donor has come through for us. He or she was given a random sample of the 2,100 flipper listings and performed a detailed tax record lookup of each, which I present to you now. Some generous assumptions were made about cost variables. Here’s a word from Anonymous:

The net/profit loss assumes total closing costs at 7% and a full purchase price (based on current list price). I think this is a best case scenario for the seller. In all probability, it will be less. I used the principle amount paid for the last month and multiplied it by the total number of payments to date to estimate the loan balance. This is going to be more than the true principle paid and reflect a lower loan balance than in reality, but it's safer this way and probably won't be too far off since the homes haven't been owned very long. It also assumes the sellers have made all of their payments!

Down payments were also assumed to be the last sales price minus the original loan balance. All in all, 77 current flipper house listings were looked at. Three were bank owned, leaving 74. Of those, 34 were in the red. That's 46%! Only 9 of the 34 were identifiable as Flippers In Trouble based on asking price vs. previous sales price! Obviously this is a relatively small sample, but one thing is for sure: There is a much bigger picture here that we are not seeing. If half of all the flippers in Sacramento County are losing money, that's 10% of the entire market in the red. Final note: I've partially obscured the address of these listings since I'm unsure about privacy issues.

4xx6 Marysville Blvd Sacramento, CA 95838

Down Payment: None Loan Balance: $419,953 Net Profit/Loss: -$93,988 Refi: Yes Asking Price: $350,500 Bedrooms:4    Baths: 2    Sq. feet:1700 Previous Sales: Sold on 2004-12-23 for $313,000

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4xx4 20th Ave Sacramento, CA 95820

Down Payment: None Loan Balance: $261,616 Net Profit/Loss: -$75,616 Refi: No Asking Price: $200,000 Bedrooms:2    Baths: 1    Sq. feet:888 Previous Sales: Sold on 2005-07-27 for $265,000

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7xx8 Beth St Sacramento, CA 95832

Down Payment: None Loan Balance: $380,040 Net Profit/Loss: -$73,233 Refi: No Asking Price: $329,900 Bedrooms:3    Baths: 2    Sq. feet:1638 Previous Sales: Sold on 2004-05-13 for $277,000 Sold on 2005-05-17 for $386,000

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4xx5 Brookfield Dr Sacramento, CA 95823

Down Payment: None Loan Balance: $372,338 Net Profit/Loss: -$70,088 Refi: Yes Asking Price: $325,000 Bedrooms:3    Baths: 2    Sq. feet:1232 Previous Sales: Sold on 2004-11-12 for $286,000

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1xx2 Taupin Ct Folsom, CA 95630

Down Payment: $140,500 Loan Balance: $354,633 Net Profit/Loss: -$49,663 Refi: No Asking Price: $479,000 Bedrooms:4    Baths: 3    Sq. feet:1834 Previous Sales: Sold on 2005-05-31 for $500,500

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9xx9 Windy Fen Ct Elk Grove, CA 95758

Down Payment: $100,000 Loan Balance: $315,410 Net Profit/Loss: -$48,060 Refi: No Asking Price: $395,000 Bedrooms:3    Baths: 2    Sq. feet:1730 Previous Sales: Sold on 2005-09-06 for $419,000

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9xx0 Brookmont Ct Elk Grove, CA 95624

Down Payment: $82,200 Loan Balance: $324,528 Net Profit/Loss: -$34,729 Refi: No Asking Price: $399,999 Bedrooms:4    Baths: 2    Sq. feet:1665 Previous Sales: Sold on 2004-09-13 for $364,000 Sold on 2004-11-24 for $365,000 Sold on 2005-07-21 for $411,000

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4xx8 53rd St Sacramento, CA 95820

Down Payment: None Loan Balance: $223,489 Net Profit/Loss: -$32,839 Refi: No Asking Price: $205,000 Bedrooms:2    Baths: 1    Sq. feet:850 Previous Sales: Sold on 2005-03-21 for $227,500

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8xx5 Grand Cru Dr Sacramento, CA 95829

Down Payment: None Loan Balance: $305,566 Net Profit/Loss: -$31,216 Refi: No Asking Price: $295,000 Bedrooms:2    Baths: 2    Sq. feet:897 Previous Sales: Sold on 2005-06-16 for $310,000

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1xx Flindell Way Folsom, CA 95630

Down Payment: $6,000 Loan Balance: $483,047 Net Profit/Loss: -$28,697 Refi: No Asking Price: $495,000 Bedrooms:3    Baths: 2    Sq. feet:1827 Previous Sales: Sold on 2005-08-12 for $495,000

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8xx5 Timber Cove Way Sacramento, CA 95828

Down Payment: None Loan Balance: $380,432 Net Profit/Loss: -$27,125 Refi: Yes Asking Price: $379,900 Bedrooms:3    Baths: 2    Sq. feet:1597 Previous Sales: Sold on 2005-02-01 for $358,000

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5xx6 Walnut Pointe Ln Carmichael, CA 95608

Down Payment: None Loan Balance: $383,946 Net Profit/Loss: -$25,989 Refi: No Asking Price: $384,900 Bedrooms:3    Baths: 2    Sq. feet:1390 Previous Sales: Sold on 2005-09-28 for $388,000

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7xx9 Little Oaks Way Citrus Heights, CA 95621

Down Payment: $64,000 Loan Balance: $252,145 Net Profit/Loss: -$23,195 Refi: No Asking Price: $315,000 Bedrooms:3    Baths: 1    Sq. feet:1045 Previous Sales: Sold on 2004-12-21 for $210,000 Sold on 2005-05-27 for $320,000

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7xx7 Cotillion Way Citrus Heights, CA 95621

Down Payment: None Loan Balance: $443,766 Net Profit/Loss: -$19,779 Refi: No Asking Price: $455,900 Bedrooms:5    Baths: 2    Sq. feet:2068 Previous Sales: Sold on 2005-06-28 for $450,000

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8xx4 Whitby Ct Sacramento, CA 95828

Down Payment: None Loan Balance: $414,214 Net Profit/Loss: -$18,964 Refi: No Asking Price: $425,000 Bedrooms:4    Baths: 2    Sq. feet:1848 Previous Sales: Sold on 2004-05-05 for $297,000 Sold on 2005-06-30 for $420,000

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9xx6 Sea Cliff Way Elk Grove, CA 95758

Down Payment: None Loan Balance: $547,082 Net Profit/Loss: -$17,912 Refi: Yes Asking Price: $569,000 Bedrooms:5    Baths: 3    Sq. feet:2903 Previous Sales: Sold on 2005-06-17 for $507,000

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5xx4 Lemon View Way Sacramento, CA 95824

Down Payment: None Loan Balance: $290,389 Net Profit/Loss: -$16,039 Refi: No Asking Price: $295,000 Bedrooms:3    Baths: 2    Sq. feet:1020 Previous Sales: Sold on 2005-05-12 for $295,000

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5xx5 8th Ave Sacramento, CA 95820

Down Payment: None Loan Balance: $349,842 Net Profit/Loss: -$15,088 Refi: No Asking Price: $359,950 Bedrooms:3    Baths: 1    Sq. feet:1000 Previous Sales: Sold on 2005-06-10 for $355,000

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1xx2 BERRIEDALE Ct Folsom, CA 95630

Down Payment: None Loan Balance: $541,797 Net Profit/Loss: -$12,627 Refi: No Asking Price: $569,000 Bedrooms:4    Baths: 3    Sq. feet:2277 Previous Sales: Sold on 2005-04-14 for $551,000

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5xx1 Emerson Rd Sacramento, CA 95820

Down Payment: None Loan Balance: $280,539 Net Profit/Loss: -$11,769 Refi: No Asking Price: $289,000 Bedrooms:3    Baths: 1    Sq. feet:1082 Previous Sales: Sold on 2003-11-26 for $168,500 Sold on 2006-02-23 for $282,000

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1xx Seergreen Way Folsom, CA 95630

Down Payment: $92,000 Loan Balance: $361,754 Net Profit/Loss: -$8,284 Refi: No Asking Price: $479,000 Bedrooms:4    Baths: 3    Sq. feet:2300 Previous Sales: Sold on 2005-11-10 for $457,000

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7xx3 Temwoods Way Sacramento, CA 95828

Down Payment: None Loan Balance: $259,311 Net Profit/Loss: -$8,211 Refi: No Asking Price: $270,000 Bedrooms:2    Baths: 2    Sq. feet:894 Previous Sales: Sold on 2005-05-05 for $263,500

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4xx0 Seawind Dr Sacramento, CA 95838

Down Payment: $62,000 Loan Balance: $241,790 Net Profit/Loss: -$8,050 Refi: No Asking Price: $318,000 Bedrooms:3    Baths: 2    Sq. feet:1231 Previous Sales: Sold on 2005-07-18 for $307,000

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9xx2 Marius Way Sacramento, CA 95829

Down Payment: $140,000 Loan Balance: $336,673 Net Profit/Loss: -$7,023 Refi: No Asking Price: $505,000 Bedrooms:4    Baths: 3    Sq. feet:2450 Previous Sales: Sold on 2005-02-28 for $483,000

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5xx5 Mariolyn Ct Elk Grove, CA 95757

Down Payment: $50,471 Loan Balance: $443,856 Net Profit/Loss: -$6,077 Refi: No Asking Price: $525,000 Bedrooms:3    Baths: 2    Sq. feet:2578 Previous Sales: Sold on 2004-12-17 for $504,000

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8xx9 Stevenson Ave Sacramento, CA 95828

Down Payment: None Loan Balance: $344,262 Net Profit/Loss: -$5,742 Refi: No Asking Price: $364,000 Bedrooms:4    Baths: 2    Sq. feet:1689 Previous Sales: Sold on 2004-11-10 for $225,000 Sold on 2005-04-22 for $350,000

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1xx BALLAST Way Folsom, CA 95630

Down Payment: $59,900 Loan Balance: $526,101 Net Profit/Loss: -$4,844 Refi: Yes Asking Price: $624,900 Bedrooms:4    Baths: 3    Sq. feet:2753 Previous Sales: Sold on 2005-05-05 for $594,500

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9xx5 Hoyleton Way Elk Grove, CA 95758

Down Payment: $43,100 Loan Balance: $266,262 Net Profit/Loss: -$3,392 Refi: Yes Asking Price: $329,000 Bedrooms:3    Baths: 2    Sq. feet:1154 Previous Sales: Sold on 2004-11-17 for $315,500

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5xx8 MUSTANG Way Carmichael, CA 95608

Down Payment: $100,000 Loan Balance: $326,310 Net Profit/Loss: -$3,160 Refi: No Asking Price: $455,000 Bedrooms:4    Baths: 2    Sq. feet:2087 Previous Sales: Sold on 2005-11-30 for $429,000

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8xx8 Aspen Brook Way Sacramento, CA 95624

Down Payment: $38,500 Loan Balance: $324,318 Net Profit/Loss: -$1,978 Refi: No Asking Price: $388,000 Bedrooms:3    Baths: 2    Sq. feet:1238 Previous Sales: Sold on 2005-04-22 for $365,000 Sold on 2005-07-28 for $367,000

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1xx9 Broder Cir Folsom, CA 95630

Down Payment: $105,000 Loan Balance: $426,172 Net Profit/Loss: -$1,165 Refi: Yes Asking Price: $569,900 Bedrooms:4    Baths: 2    Sq. feet:2632 Previous Sales: Sold on 2005-01-12 for $540,000

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4xx1 39th Ave Sacramento, CA 95824

Down Payment: $27,000 Loan Balance: $239,146 Net Profit/Loss: -$1,097 Refi: No Asking Price: $284,999 Bedrooms:3    Baths: 1    Sq. feet:1074 Previous Sales: Sold on 2005-05-06 for $270,000

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1xx Elkins Cir Folsom, CA 95630

Down Payment: None Loan Balance: $521,593 Net Profit/Loss: -$886 Refi: No Asking Price: $559,900 Bedrooms:4    Baths: 3    Sq. feet:2214 Previous Sales: Sold on 2005-06-24 for $529,000

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8xx8 New Star Cir Sacramento, CA 95828

Down Payment: None Loan Balance: $320,968 Net Profit/Loss: -$583 Refi: No Asking Price: $344,500 Bedrooms:3    Baths: 2    Sq. feet:1237 Previous Sales: Sold on 2005-02-28 for $327,000

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5xx1 Barbara Way Carmichael, CA 95608

Down Payment: $38,000 Loan Balance: $332,836 Net Profit/Loss: $1,118 Refi: No Asking Price: $399,950 Bedrooms:3    Baths: 2    Sq. feet:1600 Previous Sales: Sold on 2004-08-05 for $380,000

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7xx2 La Mancha Way Sacramento, CA 95823

Down Payment: $58,500 Loan Balance: $134,757 Net Profit/Loss: $1,950 Refi: No Asking Price: $209,900 Bedrooms:3    Baths: 1    Sq. feet:1167 Previous Sales: Sold on 2005-07-27 for $195,000

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7xx6 Reenel Way Sacramento, CA 95832

Down Payment: None Loan Balance: $290,758 Net Profit/Loss: $2,192 Refi: No Asking Price: $315,000 Bedrooms:3    Baths: 2    Sq. feet:1148 Previous Sales: Sold on 2004-10-27 for $255,000 Sold on 2005-06-14 for $295,000

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1xx Honey Cook Cir Folsom, CA 95630

Down Payment: None Loan Balance: $471,018 Net Profit/Loss: $2,352 Refi: Yes Asking Price: $509,000 Bedrooms:3    Baths: 2    Sq. feet:1988 Previous Sales: Sold on 2004-12-06 for $435,000

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7xx8 Canevalley Cir Citrus Heights, CA 95621

Down Payment: $30,400 Loan Balance: $269,386 Net Profit/Loss: $2,464 Refi: No Asking Price: $325,000 Bedrooms:3    Baths: 2    Sq. feet:1184 Previous Sales: Sold on 2005-05-18 for $304,000

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7xx2 Southland Ct Sacramento, CA 95828

Down Payment: $15,600 Loan Balance: $292,604 Net Profit/Loss: $3,346 Refi: No Asking Price: $335,000 Bedrooms:3    Baths: 2    Sq. feet:1092 Previous Sales: Sold on 2005-07-26 for $312,000

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7xx8 Robinette Rd Sacramento, CA 95828

Down Payment: None Loan Balance: $331,354 Net Profit/Loss: $3,446 Refi: No Asking Price: $360,000 Bedrooms:4    Baths: 2    Sq. feet:1776 Previous Sales: Sold on 2005-01-28 for $338,000

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7xx4 Ranch Ave Citrus Heights, CA 95610

Down Payment: $130,000 Loan Balance: $171,820 Net Profit/Loss: $4,150 Refi: No Asking Price: $329,000 Bedrooms:3    Baths: 2    Sq. feet:1683 Previous Sales: Sold on 2004-10-18 for $306,000

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1xx Iron Mountain Ct Folsom, CA 95630

Down Payment: $125,000 Loan Balance: $394,922 Net Profit/Loss: $5,528 Refi: No Asking Price: $565,000 Bedrooms:4    Baths: 3    Sq. feet:2454 Previous Sales: Sold on 2005-07-29 for $525,000

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8xx Maplegrove Way Sacramento, CA 95834

Down Payment: $62,700 Loan Balance: $246,046 Net Profit/Loss: $5,594 Refi: No Asking Price: $338,000 Bedrooms:4    Baths: 2    Sq. feet:1419 Previous Sales: Sold on 2004-03-16 for $92,500 Sold on 2005-02-15 for $313,500

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5xx9 Wildflower Cir Carmichael, CA 95608

Down Payment: $39,950 Loan Balance: $350,669 Net Profit/Loss: $6,956 Refi: No Asking Price: $427,500 Bedrooms:3    Baths: 2    Sq. feet:1812 Previous Sales: Sold on 2004-10-28 for $399,000

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8xx2 Rothenburg Ct Sacramento, CA 95828

Down Payment: None Loan Balance: $363,827 Net Profit/Loss: $7,243 Refi: No Asking Price: $399,000 Bedrooms:3    Baths: 2    Sq. feet:1713 Previous Sales: Sold on 2004-12-01 for $372,000

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5xx1 Matina Dr Elk Grove, CA 95757

Down Payment: None Loan Balance: $452,573 Net Profit/Loss: $7,684 Refi: No Asking Price: $494,900 Bedrooms:4    Baths: 3    Sq. feet:2569 Previous Sales: Sold on 2005-06-24 for $459,000

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4xx1 Hazelwood Ave Sacramento, CA 95821

Down Payment: None Loan Balance: $391,003 Net Profit/Loss: $7,967 Refi: Yes Asking Price: $429,000 Bedrooms:3    Baths: 2    Sq. feet:1554 Previous Sales: Sold on 2004-11-18 for $395,500

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5xx8 Spreading Oak Ct Sacramento, CA 95842

Down Payment: $67,800 Loan Balance: $267,249 Net Profit/Loss: $8,121 Refi: No Asking Price: $369,000 Bedrooms:6    Baths: 3    Sq. feet:1811 Previous Sales: Sold on 2005-06-09 for $339,000

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9xx Stern Cir Sacramento, CA 95822

Down Payment: $83,800 Loan Balance: $330,920 Net Profit/Loss: $8,337 Refi: No Asking Price: $454,900 Bedrooms:3    Baths: 2    Sq. feet:1406 Previous Sales: Sold on 2005-07-27 for $419,000

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7xx9 Laramore Way Sacramento, CA 95832

Down Payment: $2,000 Loan Balance: $347,570 Net Profit/Loss: $8,480 Refi: No Asking Price: $385,000 Bedrooms:4    Baths: 2    Sq. feet:1859 Previous Sales: Sold on 2004-12-27 for $357,000

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4xx6 Tippwood Way Sacramento, CA 95842

Down Payment: None Loan Balance: $339,436 Net Profit/Loss: $9,314 Refi: No Asking Price: $375,000 Bedrooms:3    Baths: 2    Sq. feet:1159 Previous Sales: Sold on 2005-04-29 for $345,000

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8xx0 Sunrise Woods Way Sacramento, CA 95828

Down Payment: None Loan Balance: $296,855 Net Profit/Loss: $10,045 Refi: No Asking Price: $330,000 Bedrooms:3    Baths: 2    Sq. feet:1117 Previous Sales: Sold on 2005-09-27 for $300,000

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5xx9 Matina Dr Elk Grove, CA 95757

Down Payment: $10,000 Loan Balance: $393,100 Net Profit/Loss: $10,750 Refi: Yes Asking Price: $445,000 Bedrooms:3    Baths: 2    Sq. feet:2013 Previous Sales: Sold on 2005-01-27 for $411,000

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7xx4 CRAIL Ct Citrus Heights, CA 95610

Down Payment: None Loan Balance: $361,039 Net Profit/Loss: $10,914 Refi: No Asking Price: $399,950 Bedrooms:4    Baths: 2    Sq. feet:1756 Previous Sales: Sold on 2005-04-26 for $367,000

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7xx0 Chesline Dr Citrus Heights, CA 95621

Down Payment: $29,100 Loan Balance: $308,062 Net Profit/Loss: $11,123 Refi: Yes Asking Price: $374,500 Bedrooms:3    Baths: 2    Sq. feet:1546 Previous Sales: Sold on 2004-09-22 for $345,000

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9xx5 Marius Way Sacramento, CA 95829

Down Payment: $46,500 Loan Balance: $396,216 Net Profit/Loss: $12,937 Refi: Yes Asking Price: $489,950 Bedrooms:4    Baths: 3    Sq. feet:2450 Previous Sales: Sold on 2004-12-08 for $451,500

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5xx3 Lewrosa Way Sacramento, CA 95835

Down Payment: None Loan Balance: $348,673 Net Profit/Loss: $13,934 Refi: No Asking Price: $389,900 Bedrooms:3    Baths: 2    Sq. feet:1507 Previous Sales: Sold on 2005-03-16 for $355,000

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1xx5 Hapton Ct Folsom, CA 95630

Down Payment: None Loan Balance: $582,480 Net Profit/Loss: $17,370 Refi: Yes Asking Price: $645,000 Bedrooms:4    Baths: 3    Sq. feet:2347 Previous Sales: Sold on 2005-02-08 for $573,500

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5xx7 Wilsey Way Carmichael, CA 95608

Down Payment: $29,700 Loan Balance: $262,401 Net Profit/Loss: $17,496 Refi: No Asking Price: $332,900 Bedrooms:4    Baths: 2    Sq. feet:1120 Previous Sales: Sold on 2004-05-28 for $280,000 Sold on 2005-03-03 for $297,000

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7xx7 Creek Valley Cir Sacramento, CA 95828

Down Payment: None Loan Balance: $284,298 Net Profit/Loss: $17,951 Refi: No Asking Price: $324,999 Bedrooms:4    Baths: 2    Sq. feet:1590 Previous Sales: Sold on 2005-01-28 for $290,000

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7xx2 Allenwood Ct Citrus Heights, CA 95610

Down Payment: $35,000 Loan Balance: $290,704 Net Profit/Loss: $18,396 Refi: No Asking Price: $370,000 Bedrooms:3    Baths: 2    Sq. feet:1707 Previous Sales: Sold on 2004-09-30 for $333,000

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5xx2 Dorcey Dr Elk Grove, CA 95757

Down Payment: $218,454 Loan Balance: $177,004 Net Profit/Loss: $23,042 Refi: No Asking Price: $450,000 Bedrooms:3    Baths: 2    Sq. feet:2078 Previous Sales: Sold on 2004-09-17 for $400,000

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8xx0 Honeycomb Way Sacramento, CA 95828

Down Payment: $38,500 Loan Balance: $305,693 Net Profit/Loss: $27,807 Refi: No Asking Price: $400,000 Bedrooms:4    Baths: 3    Sq. feet:2159 Previous Sales: Sold on 2005-02-23 for $350,000

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8xx5 Oakbank Way Sacramento, CA 95828

Down Payment: $54,400 Loan Balance: $216,374 Net Profit/Loss: $31,476 Refi: No Asking Price: $325,000 Bedrooms:3    Baths: 2    Sq. feet:1230 Previous Sales: Sold on 2006-02-10 for $272,000

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7xx5 Abaline Way Sacramento, CA 95823

Down Payment: $60,000 Loan Balance: $199,575 Net Profit/Loss: $33,375 Refi: No Asking Price: $315,000 Bedrooms:3    Baths: 2    Sq. feet:1255 Previous Sales: Sold on 2004-08-13 for $265,000

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8xx5 Fremantle Ct Sacramento, CA 95828

Down Payment: None Loan Balance: $303,015 Net Profit/Loss: $36,435 Refi: No Asking Price: $365,000 Bedrooms:4    Baths: 2    Sq. feet:1587 Previous Sales: Sold on 2004-09-01 for $311,000

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4xx0 Gandy Way Sacramento, CA 95842

Down Payment: $30,000 Loan Balance: $263,134 Net Profit/Loss: $37,016 Refi: No Asking Price: $355,000 Bedrooms:3    Baths: 3    Sq. feet:1375 Previous Sales: Sold on 2003-12-01 for $236,000 Sold on 2004-09-07 for $300,000

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5xx7 Anchor Bay Way Elk Grove, CA 95758

Down Payment: $74,000 Loan Balance: $288,130 Net Profit/Loss: $37,677 Refi: No Asking Price: $429,900 Bedrooms:3    Baths: 2    Sq. feet:1967 Previous Sales: Sold on 2004-08-10 for $370,000

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5xx9 Mclean Dr Elk Grove, CA 95757

Down Payment: $257,500 Loan Balance: $216,258 Net Profit/Loss: $37,738 Refi: No Asking Price: $549,995 Bedrooms:3    Baths: 2    Sq. feet:2448 Previous Sales: Sold on 2005-04-06 for $477,500

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1xx Dulverton Cir Folsom, CA 95630

Down Payment: $45,000 Loan Balance: $461,275 Net Profit/Loss: $42,425 Refi: Yes Asking Price: $590,000 Bedrooms:3    Baths: 3    Sq. feet:2220 Previous Sales: Sold on 2004-03-26 for $460,000 Sold on 2005-02-25 for $515,000

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1xx Feather Falls Cir Folsom, CA 95630

Down Payment: $150,000 Loan Balance: $591,684 Net Profit/Loss: $47,886 Refi: No Asking Price: $849,000 Bedrooms:5    Baths: 3    Sq. feet:3200 Previous Sales: Sold on 2004-11-30 for $755,000

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1xx6 Gallinger Ct Folsom, CA 95630

Down Payment: $76,000 Loan Balance: $542,007 Net Profit/Loss: $59,963 Refi: No Asking Price: $729,000 Bedrooms:4    Baths: 3    Sq. feet:2780 Previous Sales: Sold on 2004-12-09 for $630,000

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4xx1 Fair Oaks Blvd Sacramento, CA 95864

Down Payment: $94,000 Loan Balance: $830,293 Net Profit/Loss: $95,917 Refi: No Asking Price: $1,097,000 Bedrooms:4    Baths: 4    Sq. feet:3025 Previous Sales: Sold on 2005-07-28 for $935,000

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Total 74