Investor Special Winter Haven Jewel

  • House
    1170 ft2
    bedroom 2 Bedrooms
    bathroom 1 Baths
  • Flip/Rental
    $56,900
    Status : Sold
    Year Built : 1946
 Description
Property Overview: Take a drive, and check this property out, today!!! The sky’s the limit with this 2/1 Block home in the heart of Winter Haven. Sold comps are selling within 15 days of being on the market. If you haven’t explored out of Orlando, this AMAZING opportunity is SCREAMING for you to start. This is the 3rd CHEAPEST priced property in this zip code and it will be an EASY Flip. 15% ROI as a Rental makes this an opportunity you do not want to hesitate on. Lock it up today!Property Features include:  2/1 Block, Central Air, huge lot, Close to EVERYTHING.Flip Rehab: 30k-40kRoof repairs, New Kitchen, Floors and Bathroom, Drywall Repair, Interior and Exterior Painting, Doors and Windows, Cosmetics, Landscaping.
Rental Rehab: 15k-20kRoof Patches, Kitchen and Bath Updates, Drywall, Interior Painting, Doors, Windows, Cosmetic, Landscaping.

 Rehab Work Needed
  • Bathroom
  • Floor
  • Kitchen
  • Light Fixtures
  • Paint Exterior
  • Paint Interior
  • Roof
  • Yard
 General Amenities
 Distance
Comparables (Comps.)

Comparable #1

236 Avenue F SE, Winter Haven, FL 33880, Winter Haven, FL, USA, 33880

Sold : $115,000

Image Gallery

 Summary

Overview
Investor Special Winter Haven Jewel Sold
$56,900
Property ID: 5b7ecd18c0699
Address: Login to View
City: Winter Haven
State/Province: FL
Zip Code: 33880
Country: USA


Rental Analysis

+ Purchase Price: $56,900
+ Purchase Closing Cost: $2,561
+ Rehab Cost: $15,000
Total Acquisition Cost: $74,461


Monthly Rent: $900
+ Annual Potential Rent: $10,800
- Vacancy (0%): $0
Annual Gross Income: $10,800
Annual Gross ROI: 14.5%


Flip Analysis

+ Purchase Price: $56,900
+ Purchase Closing Cost: $2,561
+ Rehab Cost: $30,000
Total Acquisition Cost: $89,461


+ Selling closing cost: $5,850
+ Agent Commision : $6,500
Total Holding Cost: $12,350


Total Flip Cost: $101,811
Projected ARV: $130,000
Net Income (Profit): $28,190
CAP Rate: 27.69%

 Message

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