CHEAP OFF-MARKET Sanford Flip

  • House
    1200 ft2
    bedroom 3 Bedrooms
    bathroom 2 Baths
  • Flip
    $74,900
    Status : Available
    Year Built : 1920
 Description
Here is a cheap property ready to be flipped! The house is in need of an update inside and out. Located in the hot investment area of Sanford this deal is a great addition to any investors portfolio. With low inventory at this price range and a huge equity position this is a nice buy and hold play or renovate it quickly and resell it!
 Rehab Work Needed
 General Amenities
 Distance

 Summary

Overview
CHEAP OFF-MARKET Sanford Flip Flip
$74,900
Property ID: FL190661935
Address: Login to View
City: Sanford
State/Province: FL
Zip Code: 32771
Country: USA


Flip Analysis

+ Purchase Price: $74,900
+ Purchase Closing Cost: $2,247
+ Rehab Cost: $35,000
Total Acquisition Cost: $112,147


+ Selling closing cost: $4,200
+ Agent Commision : $4,200
Total Holding Cost: $8,400


Total Flip Cost: $120,547
Projected ARV: $140,000
Net Income (Profit): $19,453
CAP Rate: 16.14%

 Message

3 X 4 = ?