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 Check this out -Daytona Beach, FL 32114

  • House
    839 ft2
    bedroom 2 Bedrooms
    bathroom 1 Baths
  • Flip/Rental
    $70,900
    Status : Sold
    Year Built : 1952
 Description
Property Overview: Great home located just before main street bridge, 10 minute drive to the beach. Long term Tenant wishes to stay so you can continue to collect  nice 13% returns or clean it up for a quick flip. 

Property Features include;  Close to shopping and great schools. 5 minutes from the beach , 10 minutes from International Speedway 
 Rehab Work Needed
 General Amenities
 Distance
Location Map
Image Gallery
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 Summary

Overview
Check this out -Daytona Beach, FL 32114 Sold
$70,900
Property ID: 5bde4395cbd93
Address: Login to View
City: Daytona
State/Province: FL
Zip Code: 32114
Country: USA


Rental Analysis

+ Purchase Price: $70,900
+ Purchase Closing Cost: $2,127
+ Rehab Cost: $3,000
Total Acquisition Cost: $76,027


Monthly Rent: $825
+ Annual Potential Rent: $9,900
- Vacancy (0%): $0
Annual Gross Income: $9,900
Annual Gross ROI: 13.02%


Flip Analysis

+ Purchase Price: $70,900
+ Purchase Closing Cost: $2,127
+ Rehab Cost: $25,000
Total Acquisition Cost: $98,027


+ Selling closing cost: $3,900
Total Holding Cost: $3,900


Total Flip Cost: $101,927
Projected ARV: $130,000
Net Income (Profit): $28,073
CAP Rate: 27.54%

 Message

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