Property ID:
5b99121af3a5e
City:
Lakeland
State/Province:
FL
Zip Code:
33805
Country:
USA
Rental Analysis
+ Purchase Price:
$103,900
+ Purchase Closing Cost:
$0
+ Rehab Cost:
$10,000
Total Acquisition Cost:
$113,900
Monthly Rent:
$1,300
+ Annual Potential Rent:
$15,600
- Vacancy (10%):
$1,560
Annual Gross Income:
$14,040
Annual Gross ROI:
12.33%
Flip Analysis
+ Purchase Price:
$103,900
+ Purchase Closing Cost:
$3,117
+ Rehab Cost:
$15,000
Total Acquisition Cost:
$122,017
Total Flip Cost:
$122,017
Projected ARV:
$155,000
Net Income (Profit):
$32,983
CAP Rate:
27.03%