Smart investment!! Selling Fast

  • House
    2248 ft2
    bedroom 4 Bedrooms
    bathroom 3 Baths
  • Flip/Rental
    $157,000
    Status : Sold
    Year Built : 2004
 Description
Investment property for sale in Palm Bay, FL located at 1213 Halber Ave NW. The property is in the PORT MALABAR UNIT 48 neighborhood of Brevard County: This property is worth around $230000 The value range is from $168,000 to $234,000. The tax value is $157,490. The last sale price was $270,000 on 11/2005. This property is 2,248 square feet and has 4 bedrooms and 2 baths. The total land size of this property is 0.23. This property appears to be owner occupied To learn more about this Palm Bay, FL investment property message Gopal Grullon directly or send an offer!

 Rehab Work Needed
  • Paint Interior
 General Amenities
 Distance
Comparables (Comps.)

Comparable #1

590 Prelude St NW, Palm Bay, FL, USA, 32907

Sold : $250,000

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 Summary

Overview
Smart investment!! Selling Fast Sold
$157,000
Property ID: 5b8d787d3bf34
Address: Login to View
City: Palm Bay
State/Province: FL
Zip Code: 32907
Country: USA


Rental Analysis

+ Purchase Price: $157,000
+ Purchase Closing Cost: $3,140
+ Rehab Cost: $500
Total Acquisition Cost: $160,640


Monthly Rent: $924
+ Annual Potential Rent: $11,088
- Vacancy (0%): $0
Annual Gross Income: $11,088
Annual Gross ROI: 6.9%


Flip Analysis

+ Purchase Price: $157,000
+ Purchase Closing Cost: $4,710
+ Rehab Cost: $2,000
Total Acquisition Cost: $163,710


+ Selling closing cost: $6,900
Total Holding Cost: $6,900


Total Flip Cost: $170,610
Projected ARV: $230,000
Net Income (Profit): $59,390
CAP Rate: 34.81%

 Message

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