Cheapest Pool House in Volusia County! 2000 E. New York Street

  • House
    1073 ft2
    bedroom 2 Bedrooms
    bathroom 1 Baths
  • Flip
    $89,900
    Status : Available
    Year Built : 1946
 Description
Cheapest Pool Home in Volusia County

2000 E New York Ave,
Deland, FL 32724

Price: $89,900
ARV:  150k OR NEW CONSTRUCTION  

Bedroom: 2
Bath: 1
Ext Const: Frame
Garage: None Built: 1946
Sqft: 1073
Ppsf: 83.78
Tax/Yr: 1053
Septic/Sewer: Septic
HOA: None
County: Volusia


Property Description:  Cheapest house with a pool anywhere in Volusia County right now.  This is also the cheapest single-family house and the fourth lowest price per square foot of any house in Deland.  With both residential and commercial zoning, an in-ground pool, and sitting on nearly 1.25 acres, the possibilities are endless with this one.  House is gutted to the studs on the inside, so a blank canvas for the investor willing to put in the work.   
Property Features Include:  1,21-acre lot zoned residential and commercial, sturdy roof, in ground pool, interior gutted to the studs for rehab, front porch that could increase the sq footage by 147 sq ft    
Flip / Rehab: 30k-35k
Property will require a full rehab
 Rehab Work Needed
 General Amenities
 Distance
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 Summary

Overview
Cheapest Pool House in Volusia County! 2000 E. New York Street Flip
$89,900
Property ID: FL191061729
Address: Login to View
City: Orlando
State/Province: FL
Zip Code: 32724
Country: USA


Flip Analysis

+ Purchase Price: $89,900
+ Purchase Closing Cost: $2,697
+ Rehab Cost: $35,000
Total Acquisition Cost: $127,597


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


Total Flip Cost: $136,597
Projected ARV: $150,000
Net Income (Profit): $13,403
CAP Rate: 9.81%

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