Off Market Downtown Kissimmee Flip

  • House
    1776 ft2
    bedroom 2 Bedrooms
    bathroom 2 Baths
  • Flip
    $109,900
    Status : Sold
    Year Built : 1948
 Description
Property Description: Priced at $64.69psft, this sturdy 2/2 block home is not only a RARE find in the heart of Downtown Kissimmee, but it is also the CHEAPEST PROPERTY ppsft for sale in the nearest 5-mile radius currently for sale! With the potential of adding more bedrooms, this deal is a no-brainer for anyone who’s looking to maximize their return. This home will need a central A/c unit put in, a new interior makeover and some cosmetic touch-ups, with this in mind, this flip will be an EASY TURNAROUND and a DEAL you don’t want to miss! The last home sold in the neighborhood sold for $160k and was a 2/1 900sft home!  This home has 1,776sft and has the potential of $115psft! This deal WILL NOT LAST. So, Don’t wait. Call today!

Property features include: Recently installed metal roof,1 car garage, outside shack, Outside rear pond access, Sunroom. Call or email for more details. 

Flip Rehab: 40K-50K
Kitchen and bath updates, floors, fixtures, cosmetics, turning the sunroom into a 3rd bedroom, landscaping, Water Heater, A/c unit
 Rehab Work Needed
  • Air Conditioning
  • Appliances
  • Bathroom
  • Bedroom
  • Electricity
  • Floor
  • Heater
  • Kitchen
  • Light Fixtures
  • Paint Exterior
  • Roof
  • Yard
 General Amenities
 Distance
Comparables (Comps.)

Comparable #1

11 Glendale Dr Kissimmee, FL 34744, Orlando, FL, USA, 34744

Sold : $199,000

Image Gallery

 Summary

Overview
Off Market Downtown Kissimmee Flip Sold
$109,900
Property ID: 5b9fd7f5be75c
Address: Login to View
City: N/A
State/Province: FL
Zip Code: 34744
Country: USA


Flip Analysis

+ Purchase Price: $109,900
+ Purchase Closing Cost: $3,297
+ Rehab Cost: $40,000
Total Acquisition Cost: $153,197


+ Selling closing cost: $5,970
+ Agent Commision : $9,950
Total Holding Cost: $15,920


Total Flip Cost: $169,117
Projected ARV: $199,000
Net Income (Profit): $29,883
CAP Rate: 17.67%

 Message

6 X 6 = ?