Off-Market Apopka Flip Special Under 150K

  • House
    1404 ft2
    bedroom 3 Bedrooms
    bathroom 2 Baths
  • Flip
    $149,900
    Status : Sold
    Year Built : 1965
 Description
Property Description: Have you been looking for your next block flip in Apopka? Because this deal is not to be missed! At just $106.76 ppsft, it is the cheapest home in the 1mile radius, and all its missing is some basic cosmetic touchups, and this is guaranteed to be your best flip yet! Just a few street downs from this property, a similar home just sold for $171 ppsft! This home being at 1,404sqft, is sure to be your best flip this year and a no brainer if you’re looking to start the new year with a homerun! Do not wait to make a call.... Call Now for a private showing!

Property features include: Block Home, Electrical Ceiling Fans, Huge Backyard,

Flip Rehab: 30K- 40K
A/C Unit, Interior/ Exterior Repairs & Paint, Kitchen, Bathrooms, Flooring, Landscaping, Electric Panel, Drywall Removal


Rental Rehab: 7K-10K
A/C Unit Repair, Kitchen Cabinets & Countertop, Electric Panel, Interior Paint, Tub, Landscaping
 Rehab Work Needed
  • Air Conditioning
  • Appliances
  • Electricity
  • Floor
  • Kitchen
  • Light Fixtures
  • Living Room
  • Paint Exterior
  • Paint Interior
 General Amenities
 Distance
Comparables (Comps.)

Comparable #1

1522 Melody Ln Apopka, FL 32703, Apopka, FL, USA, 32703

Sold : $220,000

Image Gallery

 Summary

Overview
Off-Market Apopka Flip Special Under 150K Sold
$149,900
Property ID: FL181173549
Address: Login to View
City: Apopka
State/Province: FL
Zip Code: 32703
Country: USA


Flip Analysis

+ Purchase Price: $149,900
+ Purchase Closing Cost: $4,497
+ Rehab Cost: $40,000
Total Acquisition Cost: $194,397


+ Selling closing cost: $7,200
+ Agent Commision : $12,000
Total Holding Cost: $19,200


Total Flip Cost: $213,597
Projected ARV: $240,000
Net Income (Profit): $26,403
CAP Rate: 12.36%

 Message

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