Light Deltona Cosmetic Flip

House

1077 acre

3 Bedrooms

2 Baths
Flip/Rental

$105,000

Status : Sold

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

Image Gallery

Summary

Overview

Sold

$105,000

Property ID: FL19113520

Address: Login to View

City: Deltona

State/Province: FL

Zip Code: 32738

Country: USA

Rental Analysis

+ Purchase Price: $105,000

+ Purchase Closing Cost: $2,100

+ Rehab Cost: $5,000

Total Acquisition Cost: $112,100

Monthly Rent: $1,300

+ Annual Potential Rent: $15,600

- Vacancy (0%): $0

Annual Gross Income: $15,600

Annual Gross ROI: 13.92%

Flip Analysis

+ Purchase Price: $105,000

+ Purchase Closing Cost: $2,100

+ Rehab Cost: $18,000

Total Acquisition Cost: $125,100

+ Selling closing cost: $3,300

+ Agent Commision : $3,300

Total Holding Cost: $6,600

Total Flip Cost: $131,700

Projected ARV: $165,000

Net Income (Profit): $33,300

CAP Rate: 25.28%

Light Deltona Cosmetic Flip

Summary

Rental Analysis

Flip Analysis

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