Lake View Opportunity! Great Return! Great Potential

  • House
    2016 square_feet
    bedroom 5 Bedrooms
    bathroom 4 Baths
  • Flip
    $184,900
    Status : Available
    Year Built : 1986
 Description
Great opportunity! Great returns! This lake view home that sits on almost an Acre could be completely renovated for a flip or keep as a rental income property. 1st floor is a 2/2 and 2nd floor is a 3/2. It was previously rented for $1000 for 1st floor and $1200 for 2nd floor. Contact me for showing instructions. 
 Rehab Work Needed
  • Air Conditioning
  • Appliances
  • Bathroom
  • Floor
  • Kitchen
  • Light Fixtures
  • Paint Exterior
  • Paint Interior
  • Parking
  • Roof
  • Yard
 General Amenities
 Distance

 Summary

Overview
Lake View Opportunity! Great Return! Great Potential Flip
$184,900
Property ID: FL191077799
Address: Login to View
City: Winter Garden
State/Province: FL
Zip Code: 34787
Country: USA


Flip Analysis

+ Purchase Price: $184,900
+ Purchase Closing Cost: $5,547
+ Rehab Cost: $70,000
Total Acquisition Cost: $260,447


+ Selling closing cost: $9,750
+ Agent Commision : $9,750
Total Holding Cost: $19,500


Total Flip Cost: $279,947
Projected ARV: $325,000
Net Income (Profit): $45,053
CAP Rate: 16.09%

 Message

6 X 4 = ?