Block Flip Under 85K Worth 180K

  • House
    1393 ft2
    bedroom 3 Bedrooms
    bathroom 1 Baths
  • Flip
    $84,900
    Status : Available
    Year Built : 1959
 Description
Property Overview:  Cheapest house in Deland right now and 5th Cheapest in ALL Volusia County. Please make sure you check our comps. 431 S. Stone St (Frame house)right behind this property was bought for $77K and sold for $283K once it was rehabbed.  This property is outdated, but it has great bones. Don’t let this opportunity pass you by. 
Property Features include; Block house.  
Flip Rehab: 40-50K 
Complete Rehab.
Click Here for Full Overview
 https://mailchi.mp/e28febdc7345/block-flip-under-85k-worth-180k

 Rehab Work Needed
 General Amenities
 Distance
Image Gallery

 Summary

Overview
Block Flip Under 85K Worth 180K Flip
$84,900
Property ID: FL190327239
Address: Login to View
City: De Land
State/Province: FL
Zip Code: 32720
Country: USA


Flip Analysis

+ Purchase Price: $84,900
+ Purchase Closing Cost: $2,547
Total Acquisition Cost: $87,447


+ Selling closing cost: $5,400
+ Agent Commision : $5,400
Total Holding Cost: $10,800


Total Flip Cost: $98,247
Projected ARV: $180,000
Net Income (Profit): $81,753
CAP Rate: 83.21%

 Message

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