HOTDebaryPoolFlip62ParkLane House Flip at Cash Flow Investors Portal in Florida, USA

Please Wait...
Your transaction is in process, please do not click on browser's back button or reload the page.

 HOT! Debary Pool Flip - 62 Park Lane

  • House
    1450 ft2
    bedroom 3 Bedrooms
    bathroom 2 Baths
  • Flip
    Status : Available
    Year Built : 1957
Hot Debary Pool Flip 62 Park Ln, Debary, FL 32713 Price: $134,900 ARV: $220,000 Bedroom: 3 Bath: 2 Garage: 1 Car Pool: Yes Ext Const: Block Built: 1957 Sqft: 1450 Ppsf: 93.03 Tax/Yr: 2829 Septic/Sewer: Septic County: Volusia HOA: None Rent = 1500 Gross ROI = 13.34 Property Description:  This is a flip opportunity you will want to jump on quickly.  This property represents the cheapest single-family home available anywhere in Debary, and the cheapest pool home in Debary by over $35k out of 113 available properties.  In the last 6 months, 274 houses have closed in Debary.  Of those, only 6 have closed traditionally for a lower sales price, and only 7 for a lower price per square foot.  This property has many options.  It could be a high yielding rental with minimal work.  It could also be a very profitable flip in an area where flips are both hard to come by and sell at a premium.  Don’t wait too long on this one, as it will be gone before you know it. Property Features Include:  Block construction, central AC, large ¼ acre lot, screened in pool with covered back porch area, covered front walkway, 1 car garage, large storage shed, kitchen with lots of storage, tile and carpet throughout, interior laundry hook ups Rent Rehab: 10k Deep cleaning, interior paint, replace some carpet, minor bathroom repair, misc. cosmetic repair Flip Rehab: 40k Replace roof, interior exterior paint, update kitchen, update bathrooms, flooring, electrical panel, new pool pump, landscaping clean up
 Rehab Work Needed
  • Bathroom
  • Electricity
  • Floor
  • Kitchen
  • Paint Interior
  • Roof
  • Yard
 General Amenities
  • In Ground Pool


HOT! Debary Pool Flip - 62 Park Lane Flip
Property ID: FL190911500
Address: Login to View
City: Debary
State/Province: FL
Zip Code: 32713
Country: USA

Flip Analysis

+ Purchase Price: $134,900
+ Purchase Closing Cost: $4,047
+ Rehab Cost: $40,000
Total Acquisition Cost: $178,947

+ Selling closing cost: $6,600
+ Agent Commision : $6,600
Total Holding Cost: $13,200

Total Flip Cost: $192,147
Projected ARV: $220,000
Net Income (Profit): $27,853
CAP Rate: 14.5%


7 + 7 = ?