OffMarketHandymanSpecial House Flip/Rental at Cash Flow Investors Portal in Florida, USA

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 Off Market Handyman Special!

  • House
    806 ft2
    bedroom 2 Bedrooms
    bathroom 1 Baths
  • Flip/Rental
    $13,000
    Status : Sold
    Year Built : 1930
 Description
Texas Ave Lakeland, FL 33805

$13k + CC

2bd/1ba 806 sqft

Needs full reno or possibly even demo

ARV $65k +/-
 Rehab Work Needed
 General Amenities
 Distance
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 Summary

Overview
Off Market Handyman Special! Sold
$13,000
Property ID: FL190596750
Address: Login to View
City: Lakeland
State/Province: FL
Zip Code: 33805
Country: USA


Rental Analysis

+ Purchase Price: $13,000
+ Purchase Closing Cost: $390
+ Rehab Cost: $35,000
Total Acquisition Cost: $48,390


Monthly Rent: $900
+ Annual Potential Rent: $10,800
- Vacancy (3%): $324
Annual Gross Income: $10,476
Annual Gross ROI: 21.65%


Flip Analysis

+ Purchase Price: $13,000
+ Purchase Closing Cost: $390
+ Rehab Cost: $40,000
Total Acquisition Cost: $53,390


+ Selling closing cost: $1,950
+ Agent Commision : $1,950
Total Holding Cost: $3,900


Total Flip Cost: $57,290
Projected ARV: $65,000
Net Income (Profit): $7,710
CAP Rate: 13.46%

 Message

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