Off Market Flip close to UCF

House

1 ft²

3 Bedrooms

2 Baths
Flip

$114,900

Status : Sold

Year Built : 1953

Description

Property Overview: Off market opportunities like this one rarely pop up in the desirable East Orlando/UCF area and most definitely do not show up under 60 psft. In the last 365 days this will have been the cheapest property available within 1/2 mile radius. This property needs a complete overhaul inside and out. But when you are finished it will bring a huge return on your investment. Currently homes in the area are going for 120+ psft and this one is sure to bring in that or more. Sold homes all went under contract within 6 days or less and yours is sure to do the same. Do not wait. Call Now!

Property Features include; great square footage on a large lot. Awesome location that will not sit long after your work is done. Call or email for more details. This property is certain to sell quickly!

Flip Rehab: 70k-80k

Roof, Kitchen and baths, floors, windows, fixtures, electrical, HWH, a/c system, cosmetics, and landscaping.

Rehab Work Needed

Air Conditioning
Bathroom
Electricity
Floor
Heater
Kitchen
Light Fixtures
Paint Exterior
Roof
Yard

Comparables (Comps.)

Comparable #1

10400 Loubet St, Orlando, FL, USA, 32817

Sold : $208,000

Source: Click to visit

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Summary

Overview

Sold

$114,900

Property ID: 5b7c3d3fe2e1e

Address: Login to View

City: Orlando

State/Province: FL

Zip Code: 32817

Country: USA

Flip Analysis

+ Purchase Price: $114,900

+ Purchase Closing Cost: $4,022

+ Rehab Cost: $70,000

Total Acquisition Cost: $188,922

+ Selling closing cost: $7,500

+ Agent Commision : $12,500

Total Holding Cost: $20,000

Total Flip Cost: $208,922

Projected ARV: $250,000

Net Income (Profit): $41,079

CAP Rate: 19.66%

Off Market Flip close to UCF

Summary

Flip Analysis

Property Wholesaler

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