OFF MARKET Dr Phillips Flip w/ Huge Equity

  • House
    1408 ft2
    bedroom 3 Bedrooms
    bathroom 2 Baths
  • Flip
    $169,900
    Status : Sold
    Year Built : 1972
 Description
Occupied. No Interior Access. Do Not Go Onsite For Any Reason

Property Description: It's not even December yet and Santa has come to town! Not everyday you see a Flip Opportunity come out of the Dr Phillips area. This gem of a find is offered at 121 psft with a recent very comparable sale in the area going for 198 psft and was under contract in 6 days!!. The math on this is a No brainer. Currently there is no access until after closing as the tenants are not allowing entry. We have accounted in the rehab estimate for a complete makeover and the return on this is HUGE! Do not wait to make a move. Call today!! 

Property features include: Location!  Call or email for more details.  This property is certain to sell quickly!

Flip Rehab: 35k-40k
Possible Roof, Kitchen and bath updates, floors, windows, fixtures, cosmetics, and landscaping.
 Rehab Work Needed
  • Bathroom
  • Floor
  • Kitchen
  • Light Fixtures
  • Living Room
  • Paint Exterior
  • Paint Interior
  • Roof
  • Yard
 General Amenities
 Distance
Comparables (Comps.)

Comparable #1

7035 Talbot Dr Orlando, FL 32819, Orlando, FL, USA, 32819

Sold : $272,000

Image Gallery

 Summary

Overview
OFF MARKET Dr Phillips Flip w/ Huge Equity Sold
$169,900
Property ID: FL181169135
Address: Login to View
City: Orlando
State/Province: FL
Zip Code: 32819
Country: USA


Flip Analysis

+ Purchase Price: $169,900
+ Purchase Closing Cost: $5,097
+ Rehab Cost: $40,000
Total Acquisition Cost: $214,997


+ Selling closing cost: $8,100
+ Agent Commision : $13,500
Total Holding Cost: $21,600


Total Flip Cost: $236,597
Projected ARV: $270,000
Net Income (Profit): $33,403
CAP Rate: 14.12%

 Message

10 + 2 = ?