CHEAPEST BLOCK HOME IN THE ENTIRE 33805

  • House
    1012 ft2
    bedroom 3 Bedrooms
    bathroom 1 Baths
  • Flip/Rental
    $68,900
    Status : Sold
    Year Built : 1952
 Description

***THIS PROPERTY HAS BEEN SOLD***
 Rehab Work Needed
  • Appliances
  • Floor
  • Paint Interior
 General Amenities
 Distance
Image Gallery

 Summary

Overview
CHEAPEST BLOCK HOME IN THE ENTIRE 33805  Sold
$68,900
Property ID: 5b84671dca4ff
Address: Login to View
City: Lakeland
State/Province: FL
Zip Code: 33805
Country: USA


Rental Analysis

+ Purchase Price: $68,900
+ Purchase Closing Cost: $2,067
+ Rehab Cost: $5,000
Total Acquisition Cost: $75,967


Monthly Rent: $750
+ Annual Potential Rent: $9,000
- Vacancy (0%): $0
Annual Gross Income: $9,000
Annual Gross ROI: 11.85%


Flip Analysis

+ Purchase Price: $68,900
+ Purchase Closing Cost: $2,067
+ Rehab Cost: $20,000
Total Acquisition Cost: $90,967


+ Selling closing cost: $3,750
+ Insurance (6 Months) : $250
Total Holding Cost: $4,000


Total Flip Cost: $94,967
Projected ARV: $125,000
Net Income (Profit): $30,033
CAP Rate: 31.62%

 Message

8 - 3 = ?