Property ID:
FL190287997
City:
Miami Beach
State/Province:
FL
Zip Code:
33162
Country:
USA
Rental Analysis
+ Purchase Price:
$72,000
+ Purchase Closing Cost:
$2,160
+ Rehab Cost:
$20,000
Total Acquisition Cost:
$94,160
Monthly Rent:
$1,500
+ Annual Potential Rent:
$18,000
- Vacancy (3%):
$540
Annual Gross Income:
$17,460
Annual Gross ROI:
18.54%
Flip Analysis
+ Purchase Price:
$72,000
+ Purchase Closing Cost:
$2,160
+ Rehab Cost:
$20,000
Total Acquisition Cost:
$94,160
+ Selling closing cost:
$3,600
+ Agent Commision :
$3,600
Total Holding Cost:
$7,200
Total Flip Cost:
$101,360
Projected ARV:
$120,000
Net Income (Profit):
$18,640
CAP Rate:
18.39%