Off Market Downtown Kissimmee Flip

House

1776 ft²

2 Bedrooms

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

Comparables (Comps.)

Comparable #1

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

Sold : $199,000

Source: Click to visit

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Summary

Overview

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%

Off Market Downtown Kissimmee Flip

Summary

Flip Analysis

Property Wholesaler

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