FAT Deal

3BR/2BA 1282sqft — 838 Cherokee Dr, LIVERMORE

838 Cherokee Dr, LIVERMORE, CA

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3BR/2BA 1282sqft — 838 Cherokee Dr, LIVERMOREFix & FlipActive
3 bd 2 ba 1,282 sf
Leaflet © OpenStreetMap © CARTO

838 Cherokee Dr, LIVERMORE, CA

Listing Agent

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8/20/2026

Listed

94551

ZIP

0

Offers

Analyze

Investment Snapshot

Asking

$940,000

Est. ARV

$1,150,000

Rehab

$65,000

Est. Profit

$30,000

Est. ROI

3.0%

Deal Verdict

Thin Deal

• Low ROI of 3.0% — below the 15% minimum for a sound flip investment.

• Thin profit margin of 2.6% — vulnerable to market shifts and cost overruns.

• Consider negotiating a lower purchase price or reducing the rehab scope before proceeding.

Asking Price: $940,000

The current listed purchase price. This is what you pay to acquire the property before any renovation work begins.

Est. ARV (After-Repair Value): $1,150,000

The projected market value of the property once all renovations are complete. Based on comparable sales of similar renovated properties in the area.

Rehab Budget: $65,000

The estimated cost to renovate the property to a standard that achieves the ARV. Includes materials, labor, permits, and contractor overhead.

Est. Profit: $30,000

The projected net profit after subtracting the asking price, rehab budget, holding costs, and selling costs from the ARV. This is your estimated take-home after a successful flip.

How Est. Profit Was Calculated

After-Repair Value (ARV)+ $1,150,000
Asking Price− $940,000
Rehab Budget− $65,000
Est. Profit= $30,000

How Est. ROI Was Calculated

Est. Profit$30,000
Total Investment (Asking + Rehab)÷ $1,005,000
× 100× 100
Est. ROI= 3.0%

These are estimates based on comparable sales and market data. Actual costs and returns vary based on scope of work, market conditions, financing terms, and timeline. Always verify with a licensed contractor and real estate professional before investing.

Condition: Cosmetic updates
Motivation: Standard retail sale / minor TLC required
Active20 DOM
Suggested Max Offer

$740,000

Based on the 70% rule: ARV × 70% − Rehab ($1,150,000 × 0.70 − $65,000). This is the most you should pay to keep the flip profitable. The offer form opens pre-filled with this amount.

$200,000 below asking — negotiate down to protect your margin.

A guideline, not a guarantee. Adjust for financing, holding and closing costs before submitting.

Property Details

Suggested Max Offer

$740,000

Based on the 70% rule: ARV × 70% − Rehab ($1,150,000 × 0.70 − $65,000). This is the most you should pay to keep the flip profitable. The offer form opens pre-filled with this amount.

$200,000 below asking — negotiate down to protect your margin.

A guideline, not a guarantee. Adjust for financing, holding and closing costs before submitting.

Lot Size

6,200 sqft

Days on Market

20

Monthly HOA

None

Disclaimer: FAT connects buyers, sellers and investors. Offers and LOIs are expressions of interest — not binding contracts. Verify all property details, title and financials with qualified professionals before transacting.