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 Cheap Land For Sale! Need to Sell ASAP!

  • Land
    0 acre
    bedroom 0 Bedrooms
    bathroom 0 Baths
  • Flip
    $12,500
    Status : Sold
    Year Built : 0
 Description
$12.5K + CC cash/hard money only
- .61 acres
-Zoned residential and multi occupancy
-There is a house with extensive fire damage that will need to be gutted
-Must be able to close asap

*This will be an assignment of contract*
 Rehab Work Needed
 General Amenities
 Distance
Location Map
Image Gallery
1549300811_561181840_50827342_2271390119537685_4000505532187148288_n.jpg

 Summary

Overview
Cheap Land For Sale! Need to Sell ASAP! Sold
$12,500
Property ID: FL190220333
Address: Login to View
City: Gainesville
State/Province: FL
Zip Code: 32667
Country: USA


Flip Analysis

+ Purchase Price: $12,500
+ Purchase Closing Cost: $375
Total Acquisition Cost: $12,875


+ Selling closing cost: $1,200
+ Agent Commision : $1,200
Total Holding Cost: $2,400


Total Flip Cost: $15,275
Projected ARV: $40,000
Net Income (Profit): $24,725
CAP Rate: 161.87%

 Message

4 - 5 = ?