CHEAP OFF-MARKET Flip in Sanford

  • House
    954 ft2
    bedroom 3 Bedrooms
    bathroom 2 Baths
  • Flip
    $104,900
    Status : Sold
    Year Built : 0
 Description
Here is another amazing opportunity to add a great investment to your portfolio. The property has had the roof and A/C recently replaced and some updating done to one of the showers. This is a perfect opportunity for any investor to do a quick renovation and throw it back on the market or just add it to your rental portfolio and quickly start cash flowing. (Our property management division can place a qualified tenant within 30 days after the property being rent ready!)
 Rehab Work Needed
 General Amenities
 Distance
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 Summary

Overview
CHEAP OFF-MARKET Flip in Sanford Sold
$104,900
Property ID: FL190421033
Address: Login to View
City: Sanford
State/Province: FL
Zip Code: 32771
Country: USA


Flip Analysis

+ Purchase Price: $104,900
+ Purchase Closing Cost: $3,147
+ Rehab Cost: $20,000
Total Acquisition Cost: $128,047


+ Selling closing cost: $4,950
+ Agent Commision : $4,950
Total Holding Cost: $9,900


Total Flip Cost: $137,947
Projected ARV: $165,000
Net Income (Profit): $27,053
CAP Rate: 19.61%

 Message

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