Off Market Handyman Special!

  • House
    1072 square_feet
    bedroom 2 Bedrooms
    bathroom 1 Baths
  • Flip/Rental
    $20,000
    Status : Sold
    Year Built : 1972
 Description
Lake Ave Paisley FL 32767

Asking price $20k
ARV $75k+/-

-2bd/1ba 1072 sqft
-Wood frame
-City water/sewer
-Built in 1972
-$700 Market Rents
-Vacant
-Needs full rehab (roof, landscaping, all interior, etc) $25-30k estimate

Call/email us for more info!
 Rehab Work Needed
 General Amenities
 Distance
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 Summary

Overview
Off Market Handyman Special! Sold
$20,000
Property ID: FL190966091
Address: Login to View
City: Paisley
State/Province: FL
Zip Code: 32767
Country: USA


Rental Analysis

+ Purchase Price: $20,000
+ Purchase Closing Cost: $600
+ Rehab Cost: $25,000
Total Acquisition Cost: $45,600


Monthly Rent: $700
+ Annual Potential Rent: $8,400
- Vacancy (3%): $252
Annual Gross Income: $8,148
Annual Gross ROI: 17.87%


Flip Analysis

+ Purchase Price: $20,000
+ Purchase Closing Cost: $600
+ Rehab Cost: $30,000
Total Acquisition Cost: $50,600


+ Selling closing cost: $2,250
+ Agent Commision : $2,250
Total Holding Cost: $4,500


Total Flip Cost: $55,100
Projected ARV: $75,000
Net Income (Profit): $19,900
CAP Rate: 36.12%

 Message

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