DAYTONA TRIPLEX UNDER 100K

  • Commercial Space
    3102 ft2
    bedroom 0 Bedrooms
    bathroom 0 Baths
  • Flip/Rental
    $92,900
    Status : Sold
    Year Built : 1928
 Description
***THIS PROPERTY HAS BEEN SOLD***
 Rehab Work Needed
  • Air Conditioning
  • Bathroom
  • Bedroom
  • Electricity
  • Floor
  • Light Fixtures
  • Living Room
  • Paint Exterior
  • Paint Interior
  • Roof
 General Amenities
 Distance

 Summary

Overview
DAYTONA TRIPLEX UNDER 100K Sold
$92,900
Property ID: 5b85889f1f7ea
Address: Login to View
City: Daytona
State/Province: FL
Zip Code: 32114
Country: USA


Rental Analysis

+ Purchase Price: $92,900
+ Purchase Closing Cost: $0
+ Rehab Cost: $100,000
Total Acquisition Cost: $192,900


+ Annual Potential Rent: $60,840
- Vacancy (0%): $0
Annual Gross Income: $60,840
Annual Gross ROI: 31.54%


+ Property Taxes: $771
+ Insurance (6 Months): $771
+ HOA Fees: $0
+ Miscellaneous Expenses: $0
Total Annual Expenses: $1,542


Monthly Rent: $5,070
Monthly Net Cash Flow: $4,942
Net Operating Income: $59,298
CAP Rate: 30.74%

Flip Analysis

+ Purchase Price: $92,900
+ Purchase Closing Cost: $2,787
+ Rehab Cost: $100,000
Total Acquisition Cost: $195,687


Total Flip Cost: $195,687
Projected ARV: $500,000
Net Income (Profit): $304,313
CAP Rate: 155.51%

 Message

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