Hunters Creek cosmetic Flip

  • House
    2547 acre
    bedroom 4 Bedrooms
    bathroom 3 Baths
  • Flip
    $279,900
    Status : Available
    Year Built : 1992
 Description
Property Overview: The subject property is located in Orlando Hunters Creek, we feel that it would make an excellent Flip. This home is the 2nd cheapest available in Hunters Creek and the cheapest based on price per square feet, it has the potential to earn an investor a 14% ROI. It can be purchased for 279,900 and needs an estimated total of 35K in repairs as a FLIP.  So you would be all into the project for roughly 325K. The comps of renovated homes in the area of this property, lead us to believe this property has a 410K ARV.   This means an investor can walk away with an estimated net profit of 50K.  Call or email your C21 Stonebridge agent for more details.  This property is certain to sell quickly. 
 Rehab Work Needed
  • Bathroom
  • Floor
  • Kitchen
 General Amenities
 Distance
Comparables (Comps.)

Comparable #1

4708 Lake Calabay Drive, Orlando, FL, USA, 32837

Sold : $405,000

Comparable #2

14636 Potanow Trl, Orlando, FL, USA, 32837

Sold : $405,000

Comparable #3

3051 Zaharias Drive, Orlando, FL, USA, 32837

Sold : $430,000

 Summary

Overview
Hunters Creek cosmetic Flip Flip
$279,900
Property ID: FL190744889
Address: Login to View
City: Orlando
State/Province: FL
Zip Code: 32837
Country: USA


Flip Analysis

+ Purchase Price: $279,900
+ Purchase Closing Cost: $8,397
+ Rehab Cost: $35,000
Total Acquisition Cost: $323,297


+ Selling closing cost: $12,300
+ Agent Commision : $12,300
Total Holding Cost: $24,600


Total Flip Cost: $347,897
Projected ARV: $410,000
Net Income (Profit): $62,103
CAP Rate: 17.85%

 Message

7 X 1 = ?