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 Off Market Property

  • House
    1327 acre
    bedroom 3 Bedrooms
    bathroom 2 Baths
  • Flip/Rental
    $75,000
    Status : Available
    Year Built : 1977
 Description
Home located in Eastwood Subdivision. Home features 3 bedroom 2 bathrooms, fireplace in family room, 2 car attached garage, rear chain link fence.

Tenant occupied!
 Rehab Work Needed
  • Bathroom
  • Bedroom
  • Living Room
  • Master Bedroom
  • Paint Exterior
 General Amenities
Image Gallery

 Summary

Overview
Off Market Property Flip/Rental
$75,000
Property ID: AL200274396
Address: Login to View
City: Dothan
State/Province: AL
Zip Code: 36301
Country: USA


Rental Analysis

+ Purchase Price: $75,000
+ Purchase Closing Cost: $2,250
+ Rehab Cost: $15,000
Total Acquisition Cost: $92,250


Monthly Rent: $850
+ Annual Potential Rent: $10,200
- Vacancy (3%): $306
Annual Gross Income: $9,894
Annual Gross ROI: 10.73%


Flip Analysis

+ Purchase Price: $75,000
+ Purchase Closing Cost: $2,250
+ Rehab Cost: $25,000
Total Acquisition Cost: $102,250


+ Selling closing cost: $4,050
+ Agent Commision : $4,000
Total Holding Cost: $8,050


Total Flip Cost: $110,300
Projected ARV: $135,000
Net Income (Profit): $24,700
CAP Rate: 22.39%

 Message

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