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 Cheap Land For Sale! Need to Sell ASAP!

  • Land
    0 acre
    bedroom 0 Bedrooms
    bathroom 0 Baths
  • Flip
    Status : Sold
    Year Built : 0
$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
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Cheap Land For Sale! Need to Sell ASAP! Sold
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%


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