OFF-MARKET Steal of a Deal Flip Under 52K

  • House
    1 acre
    bedroom 3 Bedrooms
    bathroom 2 Baths
  • Flip
    $51,000
    Status : Available
    Year Built : 1966
 Description
Property Overview:  Whether experienced or first time flipper this Off Market Opportunity would make a great way to start The New Year in 2019. This sturdy block home needs to be brought back to life to include everything but the Reward is  a Huge return on your investment. Do not let the location shy you away from this cheap flip. Recent updated homes in the area are closing on average for 117 psft which makes this a no brainer! Call today for access!

Property Features include;  Sturdy block home.  Call or email for more details.  This property is certain to sell quickly!

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

Comparable #1

236 Graham St Daytona Beach, FL 32114, Daytona, FL, USA, 32114

Sold : $129,900

Image Gallery

 Summary

Overview
OFF-MARKET Steal of a Deal Flip Under 52K Flip
$51,000
Property ID: FL181267048
Address: Login to View
City: Daytona Beach
State/Province: FL
Zip Code: 32114
Country: USA


Flip Analysis

+ Purchase Price: $51,000
+ Purchase Closing Cost: $1,785
+ Rehab Cost: $40,000
Total Acquisition Cost: $92,785


+ Selling closing cost: $4,200
+ Agent Commision : $6,000
Total Holding Cost: $10,200


Total Flip Cost: $102,985
Projected ARV: $120,000
Net Income (Profit): $17,015
CAP Rate: 16.52%

 Message

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