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 232-234 S Clara Ave Deland

  • House
    1150 ft2
    bedroom 2 Bedrooms
    bathroom 1 Baths
  • Flip
    Status : Sold
    Year Built : 1941
Property Overview: These two properties would make a lovely addition to any investor’s portfolio, both are on the same lot but do not share the same utilities which makes it ideal for renting out. With the right about of sweat and elbow grease, these properties should rent out on their own. Call or email for more details.  This property is certain to sell quickly.Property Features include;materials on site, open layout, great bones, large lots, ideal location
 Rehab Work Needed
 General Amenities
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232-234 S Clara Ave Deland Sold
Property ID: 5b9916bf0403f
Address: Login to View
City: De Land
State/Province: FL
Zip Code: 32720
Country: USA

Flip Analysis

+ Purchase Price: $116,900
+ Purchase Closing Cost: $3,507
+ Rehab Cost: $60,000
Total Acquisition Cost: $180,407

+ Selling closing cost: $9,000
Total Holding Cost: $9,000

Total Flip Cost: $189,407
Projected ARV: $300,000
Net Income (Profit): $110,593
CAP Rate: 58.39%


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