Property ID:
5b84671dca4ff
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%
3 Bedrooms
1 Baths
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Sold
