Off-Market Slam Dunk Daytona flip or AirBnB Rental

  • House
    1 acre
    bedroom 3 Bedrooms
    bathroom 2 Baths
  • Flip/Rental
    $144,900
    Status : Sold
    Year Built : 1956
 Description
Property Description: This 3/2 Daytona Beach Flip is just walking distance to the beach (0.1 miles to exact), so you know this deal will not last!  It is the cheapest property being sold at $144 sqft in Daytona Beach Shores and has the cheapest ppsft compared to similar homes in the past year alone! This property will need some TLC to get it to its highest and best potential, but after it’s updated, this deal is sure to bring in big profits for you! Not only will it work as a Flip, but it will also work as a Buy & Hold if your strategy consists of short-term rentals.  An average vacation rental day rate in Daytona is $150 according to Airbnb, so even at a 60% occupancy for the year, you are looking at grossing up to $3k a month! This DEAL is not to be missed! WILL NOT LAST. So, Don’t wait. Call Today!

Property features include: Located only a block to the beach, huge potential for great returns, huge backyard, Close to entertainment, Popular and upcoming area.

Flip Rehab: 30K-35K
Kitchen and bath updates, floors, fixtures, paint, Roof, cosmetics, and landscaping.

Rental Rehab: 7K-10K
Kitchen updates, paint, roof patch, A/c, cosmetics
 Rehab Work Needed
  • Appliances
  • Bathroom
  • Kitchen
  • Light Fixtures
  • Living Room
  • Paint Exterior
  • Paint Interior
  • Roof
  • Yard
 General Amenities
 Distance
Comparables (Comps.)

Comparable #1

3122 Esperanza Avenue, DAYTONA BEACH SHORES, FL 32118, N/A, FL, USA, 32118

Sold : $285,000

Image Gallery

 Summary

Overview
Off-Market Slam Dunk Daytona flip or AirBnB Rental Sold
$144,900
Property ID: FL181143094
Address: Login to View
City: Daytona Beach
State/Province: FL
Zip Code: 32118
Country: USA


Rental Analysis

+ Purchase Price: $144,900
+ Purchase Closing Cost: $4,347
+ Rehab Cost: $10
Total Acquisition Cost: $149,257


Monthly Rent: $2
+ Annual Potential Rent: $24
- Vacancy (0%): $0
Annual Gross Income: $24
Annual Gross ROI: 0.02%


Flip Analysis

+ Purchase Price: $144,900
+ Purchase Closing Cost: $4,347
+ Rehab Cost: $35
Total Acquisition Cost: $149,282


+ Selling closing cost: $7
+ Agent Commision : $12
Total Holding Cost: $18


Total Flip Cost: $149,300
Projected ARV: $230

 Message

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