Property ID:
5b85889f1f7ea
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%