Property ID:
5b7ecd18c0699
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%