Winter Park Cosmetic Flip

  • House
    1356 ft2
    bedroom 2 Bedrooms
    bathroom 1 Baths
  • Flip
    $270,900
    Status : Sold
    Year Built : 1953
 Description
Property Description: Location...Location... LOCATION! Your next investment is located in a Prime sought after area just blocks from Baldwin Park and The CHEAPEST PROPERTY with a Winter Park address within a half mile radius. This 2/1 is in need of a cosmetic update throughout to bring you a Nice Return on your investment. Just 1 street over Brand new homes are going up along with the Market Value of the existing homes within the area. Properties are going under contract within 9 days in the area... Do not miss out on this one! Is Sure to Go Fast!

Property features include: New roof in 2006, A/C system rebuilt 1 year ago and in great condition, extra thick 12" exterior walls and in a Prime location near Baldwin Park in Winter Park. Call or email for more details.  This property is certain to sell quickly!

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

 Rehab Work Needed
  • Bathroom
  • Bedroom
  • Fence
  • Floor
  • Kitchen
  • Light Fixtures
  • Paint Exterior
  • Paint Interior
  • Yard
 General Amenities
 Distance
Comparables (Comps.)

Comparable #1

2601 Winter Park Rd Winter Park, FL 32789, Winter Park, FL, USA, 32789

Sold : $328,000

Image Gallery

 Summary

Overview
Winter Park Cosmetic Flip Sold
$270,900
Property ID: FL181148695
Address: Login to View
City: Winter Park
State/Province: FL
Zip Code: 32789
Country: USA


Flip Analysis

+ Purchase Price: $270,900
+ Purchase Closing Cost: $8,127
+ Rehab Cost: $35,000
Total Acquisition Cost: $314,027


+ Selling closing cost: $11,100
Total Holding Cost: $11,100


Total Flip Cost: $325,127
Projected ARV: $370,000
Net Income (Profit): $44,873
CAP Rate: 13.8%

 Message

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