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  3bd 2ba Turn key ready, off-market property in Florida!

  • House
    1297 acre
    bedroom 3 Bedrooms
    bathroom 2 Baths
  • Flip/Rental
    $119,000
    Status : Sold
    Year Built : 2005
 Description
$119k

ARV $149k

3bd/2ba 1297 sqft
0.26 acres / 11,325 sqft

Wood frame
City water/sewer
2005 year built

$1500 market rent

Property is pretty much turn key ready, could do exterior paint if wanted to $3k+/- rehab est.
 Rehab Work Needed
  • Paint Exterior
 General Amenities
 Tags
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 Summary

Overview
 3bd 2ba Turn key ready, off-market property in Florida! Sold
$119,000
Property ID: FL191111362
Address: Login to View
City: Mims
State/Province: FL
Zip Code: 32754
Country: USA


Rental Analysis

+ Purchase Price: $119,000
+ Purchase Closing Cost: $0
+ Rehab Cost: $1,000
Total Acquisition Cost: $120,000


Monthly Rent: $1,500
+ Annual Potential Rent: $18,000
- Vacancy (0%): $0
Annual Gross Income: $18,000
Annual Gross ROI: 15%


Flip Analysis

+ Purchase Price: $119,000
+ Purchase Closing Cost: $3,570
+ Rehab Cost: $3,000
Total Acquisition Cost: $125,570


+ Selling closing cost: $4,470
+ Agent Commision : $4,470
Total Holding Cost: $8,940


Total Flip Cost: $134,510
Projected ARV: $149,000
Net Income (Profit): $14,490
CAP Rate: 10.77%

 Message

3 + 1 = ?