Off Market Cosmetic Winter Park Flip

  • House
    1573 ft2
    bedroom 3 Bedrooms
    bathroom 2 Baths
  • Flip
    $234,900
    Status : Sold
    Year Built : 1958
 Description
Property Overview:  Run dont walk to the group showing of this off market Winter Park beauty. This cosmetic flip is located in a desirable area and will not take you long to complete and cash in on your earnings. Properties in the area are selling on average for 220 psft and going under contract in as little as 5 days. As an experienced investor or just a beginner those are definitely the stats you want to see for your next project. Call or email today for more info...

Property Features include;  a new shingle roof in 2016, original wood floors, Nicely landscaped lot that just needs some overgrowth in the rear cleaned out.  Call or email for more details.  This property is certain to sell quickly!

Flip Rehab: 25k-30k
Kitchen and Bath updates, appliances, refinish floors, paint in/out, texture, fixtures, cosmetics, and landscaping.
 Rehab Work Needed
  • Appliances
  • Bathroom
  • Floor
  • Kitchen
  • Living Room
  • Master Bedroom
  • Paint Exterior
  • Paint Interior
  • Yard
 General Amenities
 Distance
Image Gallery

 Summary

Overview
Off Market Cosmetic Winter Park Flip Sold
$234,900
Property ID: 5b62ef79747e8
Address: Login to View
City: Winter Park
State/Province: FL
Zip Code: 32789
Country: USA


Flip Analysis

+ Purchase Price: $234,900
+ Purchase Closing Cost: $7,047
+ Rehab Cost: $30,000
Total Acquisition Cost: $271,947


+ Selling closing cost: $4,950
+ Agent Commision : $16,500
+ Insurance (6 Months) : $1,200
+ Utilities (6 Months): $1,500
+ Miscellaneous Expenses: $1,800
Total Holding Cost: $25,950


Total Flip Cost: $297,897
Projected ARV: $330,000
Net Income (Profit): $32,103
CAP Rate: 10.78%

 Message

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