INVESTOR SPECIAL WITH GREAT BONES!

  • House
    1408 ft2
    bedroom 3 Bedrooms
    bathroom 2 Baths
  • Flip/Rental
    $209,500
    Status : Sold
    Year Built : 1990
 Description
Queensbridge Dr Lake Mary, FL 32746

$209.5k + closing costs

ARV: $250k

3bd/2ba 1408 sqft

Market rents $2k

All major components are in good shape, just needs cosmetic work throughout the house. Rehab will be $16-20k (JUST AN ESTIMATE) and includes flooring, new kitchen counters, new appliances, new vanities, tiling the bathrooms, paint interior and exterior, landscaping.

CALL/EMAIL FOR FULL ADDRESS AND ACCESS BEFORE IT'S GONE!
 Rehab Work Needed
 General Amenities
 Distance
Image Gallery

 Summary

Overview
INVESTOR SPECIAL WITH GREAT BONES! Sold
$209,500
Property ID: FL19043227
Address: Login to View
City: Lake Mary
State/Province: FL
Zip Code: 32746
Country: USA


Rental Analysis

+ Purchase Price: $209,500
+ Purchase Closing Cost: $6,285
+ Rehab Cost: $16,000
Total Acquisition Cost: $231,785


Monthly Rent: $2,000
+ Annual Potential Rent: $24,000
- Vacancy (3%): $720
Annual Gross Income: $23,280
Annual Gross ROI: 10.04%


Flip Analysis

+ Purchase Price: $209,500
+ Purchase Closing Cost: $6,285
+ Rehab Cost: $20,000
Total Acquisition Cost: $235,785


+ Selling closing cost: $7,500
+ Agent Commision : $7,500
Total Holding Cost: $15,000


Total Flip Cost: $250,785
Projected ARV: $250,000

 Message

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