OFF-MARKET Easy Ocoee Flip Under 130K

  • House
    1212 ft2
    bedroom 3 Bedrooms
    bathroom 1 Baths
  • Flip
    $129,900
    Status : Sold
    Year Built : 1963
 Description
Property Description: Opportunities like this one rarely pop up in the massively desirable Ocoee are. For context, consider the fact that this property is being offered at a price that makes it the 2nd cheapest property sold in the past 6 months within a mile. Start your 2019 with a simple flip project like this one in one of the most desirable price ranges for First-Time Homeowners. With homes in this area selling in an average of ONLY 22 days you'll be able to be in and out quickly to start the year of on the right path!

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

Flip Rehab: 25k-30k
Kitchen and bath updates, flooring, new windows, stainless steel appliances, add closet to garage conversion and complete 3rd bedroom, fixtures, cosmetics, and landscaping.
 Rehab Work Needed
  • Bathroom
  • Bedroom
  • Floor
  • Kitchen
  • Light Fixtures
  • Living Room
  • Paint Exterior
  • Paint Interior
  • Yard
 General Amenities
 Distance
Comparables (Comps.)

Comparable #1

1405 Kimberly St Ocoee, FL 34761, Orlando, FL, USA, 34761

Sold : $179,900

Image Gallery

 Summary

Overview
OFF-MARKET Easy Ocoee Flip Under 130K Sold
$129,900
Property ID: FL181242556
Address: Login to View
City: Orlando
State/Province: FL
Zip Code: 34761
Country: USA


Flip Analysis

+ Purchase Price: $129,900
+ Purchase Closing Cost: $3,897
+ Rehab Cost: $30,000
Total Acquisition Cost: $163,797


+ Selling closing cost: $6,000
+ Agent Commision : $10,000
Total Holding Cost: $16,000


Total Flip Cost: $179,797
Projected ARV: $200,000
Net Income (Profit): $20,203
CAP Rate: 11.24%

 Message

3 X 1 = ?