Flip into the New Year with this great deal!

  • House
    1356 acre
    bedroom 3 Bedrooms
    bathroom 2 Baths
  • Flip
    $124,900
    Status : Sold
    Year Built : 1990
 Description
Property Description: If you want to understand why this is such a great deal look no further than the 2 comps provided (click link to see photos and map of the comps).  

There are two homes with very similar qualities as this featured property (size, bedrooms, bathrooms), but note that one of the sold homes was rehabbed, one was not.  What's great is they BOTH sold for over 200k!  Both sold for over 200k and are within .2 miles of this deal!  

When you average out the price per square foot, the ARV is even more than what we put at 210k.  This is why we are so excited to get this flip to you to start the new year! 


Property features include: Block home, clean inside, tile throughout the house, fenced yard, central AC

Flip Rehab: 25k-35k
Kitchen and bath updates, refinish floors, fixtures, plumbing, cosmetics, landscaping, new roof, new condenser
 Rehab Work Needed
  • Bathroom
  • Floor
  • Kitchen
  • Light Fixtures
  • Paint Exterior
  • Paint Interior
 General Amenities
 Distance
Comparables (Comps.)

Comparable #1

1197 Jessamine Lake Ct Orlando, FL 32839, Orlando, FL, USA, 32839

Sold : $205,000

Image Gallery

 Summary

Overview
Flip into the New Year with this great deal! Sold
$124,900
Property ID: FL190146232
Address: Login to View
City: Orlando
State/Province: FL
Zip Code: 32839
Country: USA


Flip Analysis

+ Purchase Price: $124,900
+ Purchase Closing Cost: $3,747
+ Rehab Cost: $35,000
Total Acquisition Cost: $163,647


+ Selling closing cost: $6,300
+ Agent Commision : $10,500
Total Holding Cost: $16,800


Total Flip Cost: $180,447
Projected ARV: $210,000
Net Income (Profit): $29,553
CAP Rate: 16.38%

 Message

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