Off Market Investor Special!

  • House
    1459 ft2
    bedroom 3 Bedrooms
    bathroom 2 Baths
  • Flip/Rental
    $58,000
    Status : Available
    Year Built : 1984
 Description
Ridge Trail Keystone Heights, FL 32656

$58k + cc

ARV $150k

3/2 1459sqft
wood frame
well/septic
built 1984
Market rents $1,200
on 1.49 acres
$25-50k estimate in repairs

Contact for more info!!


 Rehab Work Needed
 General Amenities
 Distance
Image Gallery

 Summary

Overview
Off Market Investor Special! Flip/Rental
$58,000
Property ID: FL190759008
Address: Login to View
City: Keystone Heights
State/Province: FL
Zip Code: 32656
Country: USA


Rental Analysis

+ Purchase Price: $58,000
+ Purchase Closing Cost: $1,740
+ Rehab Cost: $50,000
Total Acquisition Cost: $109,740


Monthly Rent: $1,200
+ Annual Potential Rent: $14,400
- Vacancy (3%): $432
Annual Gross Income: $13,968
Annual Gross ROI: 12.73%


Flip Analysis

+ Purchase Price: $58,000
+ Purchase Closing Cost: $1,740
+ Rehab Cost: $50,000
Total Acquisition Cost: $109,740


+ Selling closing cost: $4,500
+ Agent Commision : $4,500
Total Holding Cost: $9,000


Total Flip Cost: $118,740
Projected ARV: $150,000
Net Income (Profit): $31,260
CAP Rate: 26.33%

 Message

2 + 3 = ?