Easy OFF-MARKET FLIP With Huge Equity

  • House
    1214 ft2
    bedroom 3 Bedrooms
    bathroom 2 Baths
  • Flip
    $107,900
    Status : Sold
    Year Built : 1987
 Description
Here is another easy flip opportunity. The property only needs a cosmetic update and a new roof. With homes in the neighborhood selling on average in under 28 days, this area is HOT! A perfect opportunity to buy, rehab and list during the busy summer season. The property is being offered at a price that makes it the CHEAPEST 3 bedroom house within a 1 mile radius!
 Rehab Work Needed
 General Amenities
 Distance

 Summary

Overview
Easy OFF-MARKET FLIP With Huge Equity Sold
$107,900
Property ID: FL190565934
Address: Login to View
City: Edgewater
State/Province: FL
Zip Code: 32132
Country: USA


Flip Analysis

+ Purchase Price: $107,900
+ Purchase Closing Cost: $3,237
+ Rehab Cost: $30,000
Total Acquisition Cost: $141,137


+ Selling closing cost: $5,400
+ Agent Commision : $5,400
Total Holding Cost: $10,800


Total Flip Cost: $151,937
Projected ARV: $180,000
Net Income (Profit): $28,063
CAP Rate: 18.47%

 Message

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