Lucrative Investment in Winter Haven FL

  • House
    970 ft2
    bedroom 3 Bedrooms
    bathroom 1 Baths
  • Flip/Rental
    $81
    Status : Sold
    Year Built : 1958
 Description
Property Overview:  Currently the 4th CHEAPEST, Block SFH in the entire city of Winter Haven. This deal provides two options for the savvy Investor. First, you can simply perform a light to moderate rehab to then place a tenant at market rent, and begin cash flowing at a gross 12% ROI with over 50k in equity. Second option, is to fully renovate the home with a 3 month or less hold time, for a quick profit. Regardless of your Investment approach on this deal, there is plenty of room for a rewarding return.

Property Features include;
  Shingle roof, ceramic tile, carpet & laminate throughout the home, older kitchen & bathroom, Window Ac units. Enclose room by the kitchen to add a Bed/Bath. Only minutes from Downtown Winter Haven, and all Major Toll Roads. Call or text for more details. This property is certain to sell quickly.
 Rehab Work Needed
  • Bathroom
  • Floor
  • Kitchen
  • Paint Interior
  • Roof
 General Amenities
 Distance

 Summary

Overview
Lucrative Investment in Winter Haven FL Sold
$81
Property ID: 5ba5352c2203f
Address: Login to View
City: Winter Haven
State/Province: FL
Zip Code: 33881
Country: USA


Rental Analysis

+ Purchase Price: $81
+ Purchase Closing Cost: $2
+ Rehab Cost: $15
Total Acquisition Cost: $98


Monthly Rent: $1
+ Annual Potential Rent: $12
- Vacancy (0%): $0
Annual Gross Income: $12
Annual Gross ROI: 12.29%


Flip Analysis

+ Purchase Price: $81
+ Purchase Closing Cost: $2
+ Rehab Cost: $25
Total Acquisition Cost: $108


+ Selling closing cost: $4
Total Holding Cost: $4


Total Flip Cost: $113
Projected ARV: $140
Net Income (Profit): $27
CAP Rate: 24.3%

 Message

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