Off Market Winter Park Investment Opportunity!!

  • House
    2759 ft2
    bedroom 4 Bedrooms
    bathroom 4 Baths
  • Flip/Rental
    $350,000
    Status : Sold
    Year Built : 1968
 Description

Ranger Blvd. Winter Park, FL 32792


$350,000 + cc

BD/BA/SQFT: 4bd 4ba 2759 sqft
EXTERIOR CONST: Block
UTILITIES: City water/ Sewer
BUILT: 1968
MARKET RENTS: $3000
REHAB EST $60K+/- needs:
  • roof
  • HVAC
  • Cosmetic upgrades: paint, flooring, bath, kitchen 
ARV: $490,000

Here's your chance to invest in a great piece of property with a pool in the beautiful and highly sought after city of Winter Park! Property is located in a family-friendly, picturesque neighborhood making it sure to resell quickly!

✔️ In The best A rated school system in Central FL
✔️ 0.2 Miles to Winter Pines Golf Club
✔️ 1.6 Miles to Full Sail University
✔️ 2 Miles to grocery stores, coffee shops, restaurants & gym
 
Contact for more info before it's gone!
 Rehab Work Needed
 General Amenities
 Distance
Comparables (Comps.)

Comparable #1

706 S Ranger Blvd, Winter Park, FL, USA, 32792

Sold : $500,000

Comparable #2

709 Roughbeard Rd, Winter Park, FL, USA, 32792

Sold : $500,000

Image Gallery

 Summary

Overview
Off Market Winter Park Investment Opportunity!! Sold
$350,000
Property ID: FL190742689
Address: Login to View
City: Winter Park
State/Province: FL
Zip Code: 32792
Country: USA


Rental Analysis

+ Purchase Price: $350,000
+ Purchase Closing Cost: $10,500
+ Rehab Cost: $20,000
Total Acquisition Cost: $380,500


Monthly Rent: $3,000
+ Annual Potential Rent: $36,000
- Vacancy (3%): $1,080
Annual Gross Income: $34,920
Annual Gross ROI: 9.18%


Flip Analysis

+ Purchase Price: $350,000
+ Purchase Closing Cost: $10,500
+ Rehab Cost: $60,000
Total Acquisition Cost: $420,500


+ Selling closing cost: $14,700
+ Agent Commision : $14,700
Total Holding Cost: $29,400


Total Flip Cost: $449,900
Projected ARV: $490,000
Net Income (Profit): $40,100
CAP Rate: 8.91%

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