Location, Location, Location! Winter Park House! 2720 Ambergate Rd

  • House
    1188 ft2
    bedroom 3 Bedrooms
    bathroom 1 Baths
  • Flip
    $174,900
    Status : Available
    Year Built : 1957
 Description
2720 Ambergate Rd.
Winter Park, FL 32789

Bedroom: 3
Bath: 1
Carport : 1 car
Single Family Home
Built: 1957
Sqft: 1,188
Total Sqft: 1,545
Lot Size: .21 Acres
Exterior Wall: Block
Tax/Yr: $1,024
Septic/Sewer: Sewer
HOA: N/A
County: Orange
Gross ROI: 11.32% 

ARV: $260K

Price: $174,900 cash or hard $ + all closing costs
Property Overview: Located in desirable Winter Park this home is waiting for the right investor to come spruce up! The roof was replaced two years ago and the electrical panel was updated in the last 4 years. you can add a second bathroom the the back room and create a master bedroom making this a 3/2 to maximize the value. This is the lowest priced property available within a mile radius and the 3rd lowest priced property to have sold within the last year!! There are as is comps selling for over $200k! With Winter Park properties becoming less and less available, make sure you don’t miss out on the opportunity to grab this deal! Property Features include;  Winter Park, Terrazo Floors, Smaller Home, Bigger Lot, Block

Home
Rehab: $30k-$35k
Kitchen, Bathroom, Floors, Paint, A/C, Minor Landscape
 Rehab Work Needed
 General Amenities
 Distance
Image Gallery

 Summary

Overview
Location, Location, Location! Winter Park House! 2720 Ambergate Rd Flip
$174,900
Property ID: FL191117829
Address: Login to View
City: Winter Park
State/Province: FL
Zip Code: 32789
Country: USA


Flip Analysis

+ Purchase Price: $174,900
+ Purchase Closing Cost: $5,247
+ Rehab Cost: $35,000
Total Acquisition Cost: $215,147


+ Selling closing cost: $7,800
+ Agent Commision : $7,800
Total Holding Cost: $15,600


Total Flip Cost: $230,747
Projected ARV: $260,000
Net Income (Profit): $29,253
CAP Rate: 12.68%

 Message

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