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 OFF-MARKET Daytona Beach Flip With HUGE Equity Under 75K

  • House
    1591 ft2
    bedroom 4 Bedrooms
    bathroom 2 Baths
  • Flip
    Status : Available
    Year Built : 1966
Are you ready for the busy summer season? This property is the perfect opportunity to take advantage of the upcoming summer buying season. The property is in need of a complete rehab but with over 90K in equity it is a perfect opportunity for a grand slam. With similar renovated comps selling in under 40 days this area is extremely desirable for first time home buyers.
 Rehab Work Needed
 General Amenities


OFF-MARKET Daytona Beach Flip With HUGE Equity Under 75K  Flip
Property ID: FL190473288
Address: Login to View
City: Daytona Beach
State/Province: FL
Zip Code: 32114
Country: USA

Flip Analysis

+ Purchase Price: $74,900
+ Purchase Closing Cost: $2,247
+ Rehab Cost: $50,000
Total Acquisition Cost: $127,147

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

Total Flip Cost: $137,047
Projected ARV: $165,000
Net Income (Profit): $27,953
CAP Rate: 20.4%


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