Light Deltona Cosmetic Flip

  • House
    1077 acre
    bedroom 3 Bedrooms
    bathroom 2 Baths
  • Flip/Rental
    $112,000
    Status : Available
    Year Built : 1989
 Description
Come by and check out this 3/2 in Deltona. This house is in very good shape, and is already rent ready. If you would like to flip this will be a very light rehab. The roof, electric, and ac are all in great shape. The appliance were purchased recently, and the sellers have a ton of tile already purchased that just needs to be laid. There is also a back porch that is about 250-300 sq ft that could be converted to living sq footage. This would give you that additonal living space and would increase the value of this house. This is in a great area for a great price. Dont Wait, Jump on this now...
 Rehab Work Needed
  • Floor
  • Paint Interior
  • Yard
 General Amenities
  • Above Ground Pool
 Distance
Image Gallery

 Summary

Overview
Light Deltona Cosmetic Flip Flip/Rental
$112,000
Property ID: FL19113520
Address: Login to View
City: Deltona
State/Province: FL
Zip Code: 32738
Country: USA


Rental Analysis

+ Purchase Price: $112,000
+ Purchase Closing Cost: $2,240
+ Rehab Cost: $5,000
Total Acquisition Cost: $119,240


Monthly Rent: $1,300
+ Annual Potential Rent: $15,600
- Vacancy (0%): $0
Annual Gross Income: $15,600
Annual Gross ROI: 13.08%


Flip Analysis

+ Purchase Price: $112,000
+ Purchase Closing Cost: $2,240
+ Rehab Cost: $10,000
Total Acquisition Cost: $124,240


+ Selling closing cost: $3,300
Total Holding Cost: $3,300


Total Flip Cost: $127,540
Projected ARV: $165,000
Net Income (Profit): $37,460
CAP Rate: 29.37%

 Message

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