DynamiteWestOrlandoFlipORRental House Flip/Rental at Cash Flow Investors Portal in Florida, USA

Please Wait...
Your transaction is in process, please do not click on browser's back button or reload the page.

 Dynamite West Orlando Flip OR Rental

  • House
    2194 ft2
    bedroom 7 Bedrooms
    bathroom 3 Baths
  • Flip/Rental
    $114,900
    Status : Sold
    Year Built : 1958
 Description
Property Description: Tick…Tick…BOOM!! This property is the 2nd cheapest Active ppsf and the 6th cheapest Sold ppsf in the entire ZIP CODE of 32808!!  The main house is a 5 bed 2 bath property and there is a separate block construction in-law suite behind the main house. Cosmetic touches turn the main house into your next great cash-flowing investment.  The in-law suite is currently one large space with potential to become a 2-bedroom apartment or in-law suite. There are literally about 5 different plays with this one!
TENANTS WILL BE OUT 7/1/18 DO NOT UNDER ANY CIRCUMSTANCES DISTURB TENANTS

Property features include: 4/2.5 in 1412 sf main structure PLUS a 782 sf rear structure (with AC). Carport. 2 driveways. Newer carpet. Newer AC. Newer Electrical Panel. Large lot.

Rent Rehab: 15k-20k
Main structure - Paint, some window repair, light cleanup
Rear structure – Paint, add bathroom, convert large space into 2 bedrooms, new AC unit


Flip Rehab: 40k-55k
Main Structure – Update Kitchen and Baths, Paint, Landscaping, some window repair
Rear Structure – Add bathroom, Paint, convert large space into 2 bedrooms, new AC unit.
 Rehab Work Needed
  • Air Conditioning
  • Bathroom
  • Bedroom
  • Kitchen
  • Light Fixtures
  • Paint Exterior
  • Paint Interior
 General Amenities
 Distance
Image Gallery

 Summary

Overview
Dynamite West Orlando Flip OR Rental Sold
$114,900
Property ID: 5b7c6751d95c9
Address: Login to View
City: Orlando
State/Province: FL
Zip Code: 32808
Country: USA


Rental Analysis

+ Purchase Price: $114,900
+ Purchase Closing Cost: $3,447
+ Rehab Cost: $15,000
Total Acquisition Cost: $133,347


Monthly Rent: $1,300
+ Annual Potential Rent: $15,600
- Vacancy (0%): $0
Annual Gross Income: $15,600
Annual Gross ROI: 11.7%


Flip Analysis

+ Purchase Price: $114,900
+ Purchase Closing Cost: $3,447
+ Rehab Cost: $40,000
Total Acquisition Cost: $158,347


+ Selling closing cost: $6,750
+ Agent Commision : $11,250
Total Holding Cost: $18,000


Total Flip Cost: $176,347
Projected ARV: $225,000
Net Income (Profit): $48,653
CAP Rate: 27.59%

 Message

4 X 2 = ?