House under 50k Investor special

  • House
    952 ft2
    bedroom 2 Bedrooms
    bathroom 1 Baths
  • Flip/Rental
    $48,900
    Status : Sold
    Year Built : 1930
 Description
Jump on this while you can. House is close to the downtown area on a quiet street. House will need about 25,000 in rehab but will be well worth it. Don't wait to long....House just sold on 908 citrus for 104,000 in 32805 less than a mile from this house.
 Rehab Work Needed
  • Air Conditioning
  • Bathroom
  • Bedroom
  • Floor
  • Kitchen
  • Living Room
  • Master Bedroom
  • Paint Exterior
  • Paint Interior
 General Amenities
 Distance
Image Gallery

 Summary

Overview
House under 50k Investor special Sold
$48,900
Property ID: FL190423807
Address: Login to View
City: Orlando
State/Province: FL
Zip Code: 32805
Country: USA


Rental Analysis

+ Purchase Price: $48,900
+ Purchase Closing Cost: $1,467
+ Rehab Cost: $15,000
Total Acquisition Cost: $65,367


Monthly Rent: $900
+ Annual Potential Rent: $10,800
- Vacancy (0%): $0
Annual Gross Income: $10,800
Annual Gross ROI: 16.52%


Flip Analysis

+ Purchase Price: $48,900
+ Purchase Closing Cost: $1,467
+ Rehab Cost: $25,000
Total Acquisition Cost: $75,367


+ Selling closing cost: $3,300
Total Holding Cost: $3,300


Total Flip Cost: $78,667
Projected ARV: $110,000
Net Income (Profit): $31,333
CAP Rate: 39.83%

 Message

7 + 2 = ?