Winter Park Flip

  • House
    1592 ft2
    bedroom 3 Bedrooms
    bathroom 2 Baths
  • Flip
    $279,900
    Status : Available
    Year Built : 1958
 Description
Property Overview:  RUN TO THIS HOUSE!!! This house is cheaper that 85% of all available properties in Winter Park out of 330 properties. Winter Park real estate is in high demand and it is getting harder and harder to find deals under 300k even for just land value. Here you have a well kept home ready for an upgrade. It will not take much to update this home or with a little ingenuity you can easily create a 4th bedroom and true master suite out of the bonus room. Lots of newer constructions being built and selling to high-end buyers.
Property Features include; Sturdy Roof , HVAC, pool system and water heater intact.  In a highly sought after area. No Hoa.
Rent Rehab: 5-10k
Cleaning, Interior paint, Kitchen updates and minor cosmetics.
Flip Rehab: 20-25K
Interior and exterior painting, kitchen and baths, flooring, minor cosmetics, yard/Pool cleanup.
Click Here for Full Overview
 https://mailchi.mp/8821c0584bcd/winter-park-flip-239165

 Rehab Work Needed
 General Amenities
 Distance
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 Summary

Overview
Winter Park Flip Flip
$279,900
Property ID: FL190395266
Address: Login to View
City: Orlando
State/Province: FL
Zip Code: 32792
Country: USA


Flip Analysis

+ Purchase Price: $279,900
+ Purchase Closing Cost: $8,397
Total Acquisition Cost: $288,297


+ Selling closing cost: $11,550
+ Agent Commision : $11,550
Total Holding Cost: $23,100


Total Flip Cost: $311,397
Projected ARV: $385,000
Net Income (Profit): $73,603
CAP Rate: 23.64%

 Message

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