Off-Market Investor Special 3 Or 2 Block SFH Light Rehab Needed - 11% CAP - in Florida

  • House
    1307 acre
    bedroom 3 Bedrooms
    bathroom 2 Baths
  • Flip/Rental
    $89,900
    Status : Available
    Year Built : 1973
 Description
$89.9k
ARV $115k

3bd/2ba 1307 sqft
0.31 acres 13504 sqft

Block exterior
well/septic
Built 1973 
Vacant, contact to schedule for showing
Market Rent $950/mo

Rehab est $5k+/-
Needs minor cosmetic repairs and its rent ready. 11% cap 
Roof & AC are 10 years old, no leaks in the roof, AC is working.
     Rehab Work Needed
    • Paint Exterior
    • Paint Interior
     General Amenities
     Distance
     Tags
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     Summary

    Overview
    Off-Market Investor Special 3 Or 2 Block SFH Light Rehab Needed - 11% CAP - in Florida Flip/Rental
    $89,900
    Property ID: FL191110397
    Address: Login to View
    City: Iverness
    State/Province: FL
    Zip Code: 34452
    Country: USA


    Rental Analysis

    + Purchase Price: $89,900
    + Purchase Closing Cost: $0
    + Rehab Cost: $5,000
    Total Acquisition Cost: $94,900


    Monthly Rent: $950
    + Annual Potential Rent: $11,400
    - Vacancy (0%): $0
    Annual Gross Income: $11,400
    Annual Gross ROI: 12.01%


    Flip Analysis

    + Purchase Price: $89,900
    + Purchase Closing Cost: $2,697
    + Rehab Cost: $5,500
    Total Acquisition Cost: $98,097


    + Selling closing cost: $3,450
    + Agent Commision : $3,450
    Total Holding Cost: $6,900


    Total Flip Cost: $104,997
    Projected ARV: $115,000
    Net Income (Profit): $10,003
    CAP Rate: 9.53%

     Message

    6 - 2 = ?