1.15 acre vacant lot in Davenport

  • Land
    1 acre
    bedroom 0 Bedrooms
    bathroom 0 Baths
  • Flip
    $99,000
    Status : Sold
    Year Built : 0
 Description
1.15 acre vacant lot on Osceola Polk Line Rd in Davenport, FL (20,000 vehicles daily). Minutes away from I-4, Champions Gate and Reunion. Property has been rezoned to low density residential (LDR) to allow for 3-8 unit multifamily construction. Flexible on offer price and terms. Owner financing available as well.
 Rehab Work Needed
 General Amenities
 Distance
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 Summary

Overview
1.15 acre vacant lot in Davenport Sold
$99,000
Property ID: FL190158675
Address: Login to View
City: Davenport
State/Province: FL
Zip Code: 33896
Country: USA


Flip Analysis

+ Purchase Price: $99,000
+ Purchase Closing Cost: $2,970
Total Acquisition Cost: $101,970


+ Selling closing cost: $4,500
+ Agent Commision : $4,500
Total Holding Cost: $9,000


Total Flip Cost: $110,970
Projected ARV: $150,000
Net Income (Profit): $39,030
CAP Rate: 35.17%

 Message

8 + 1 = ?