Great Off Market SFH Block 4bd Or 2ba Investor Special

  • House
    1966 square_feet
    bedroom 4 Bedrooms
    bathroom 2 Baths
  • Flip/Rental
    $35,000
    Status : Available
    Year Built : 1973
 Description
SW 11th Ave Ocala, FL 34471

$35k
ARV $80k

4bd/2ba 1966 sqft
Block exterior
City water/sewer
1973 yr built
$1100 market rents

Single family concrete block with strong foundation that sits on a .26 acres corner lot

located in the heart of Ocala, close to historic downtown, it's vacant right now. Property needs some TLC, needs a new roof, kitchen and bathrooms, flooring, etc and its on city sewer.

Showing by appt, contact for more info!
 Rehab Work Needed
 General Amenities
 Distance
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 Summary

Overview
Great Off Market SFH Block 4bd Or 2ba Investor Special Flip/Rental
$35,000
Property ID: FL191071949
Address: Login to View
City: Ocala
State/Province: FL
Zip Code: 34471
Country: USA


Rental Analysis

+ Purchase Price: $35,000
+ Purchase Closing Cost: $1,050
+ Rehab Cost: $10,000
Total Acquisition Cost: $46,050


Monthly Rent: $1,100
+ Annual Potential Rent: $13,200
- Vacancy (3%): $396
Annual Gross Income: $12,804
Annual Gross ROI: 27.8%


Flip Analysis

+ Purchase Price: $35,000
+ Purchase Closing Cost: $1,050
+ Rehab Cost: $25,000
Total Acquisition Cost: $61,050


+ Selling closing cost: $2,400
+ Agent Commision : $2,400
Total Holding Cost: $4,800


Total Flip Cost: $65,850
Projected ARV: $80,000
Net Income (Profit): $14,150
CAP Rate: 21.49%

 Message

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