Property ID:
5b8483ca8e54d
City:
Winter Haven
State/Province:
FL
Zip Code:
33881
Country:
USA
Rental Analysis
+ Purchase Price:
$69,900
+ Purchase Closing Cost:
$0
+ Rehab Cost:
$10,000
Total Acquisition Cost:
$79,900
Monthly Rent:
$1,000
+ Annual Potential Rent:
$12,000
- Vacancy (8%):
$960
Annual Gross Income:
$11,040
Annual Gross ROI:
13.82%
Flip Analysis
+ Purchase Price:
$69,900
+ Rehab Cost:
$20,000
Total Acquisition Cost:
$89,900
+ Selling closing cost:
$10,000
+ Agent Commision :
$7,500
+ Insurance (6 Months) :
$500
+ Utilities (6 Months):
$1,250
+ Miscellaneous Expenses:
$1,600
Total Holding Cost:
$20,850
Total Flip Cost:
$110,750
Projected ARV:
$125,000
Net Income (Profit):
$14,250
CAP Rate:
12.87%