3br - 2 Ba- 624 Sqft Fixer-upper *investor Special* Property in Hernando, Florida!!

  • House
    624 square_feet
    bedroom 3 Bedrooms
    bathroom 2 Baths
  • Flip
    $20,500
    Status : Available
    Year Built : 1980
 Description
Asking 20.5k
ARV $40k

3bd/2ba 624 sqft
0.16 acres/ 6969 sqft

Septic/well
Manufactured Home
Built in 1980
Market rent $1,225

Rehab est. $12k:
Roof, HVAC, exterior wall/structure, kitchen and bath

Can be purchased as a bundle with 4284 N Trapper Ter Hernando, FL 34442 &
3160 E Buffalo Ln Hernando FL 34442 for discounted price of $64.9k! 
Please note, property comes as-is. We are expecting multiple offers and will take highest and best, Cash offers preferred, must use seller's title company, buyer is responsible for all closing costs. Don't miss out on this great deal! (on MLS: O5822352)

 Rehab Work Needed
  • Air Conditioning
  • Bathroom
  • Heater
  • Kitchen
  • Paint Exterior
  • Roof
 General Amenities
 Distance
 Tags
Image Gallery

 Summary

Overview
3br - 2 Ba- 624 Sqft Fixer-upper *investor Special* Property in Hernando, Florida!! Flip
$20,500
Property ID: FL191147845
Address: Login to View
City: Hernando
State/Province: FL
Zip Code: 34442
Country: USA


Flip Analysis

+ Purchase Price: $20,500
+ Purchase Closing Cost: $615
+ Rehab Cost: $12,000
Total Acquisition Cost: $33,115


+ Selling closing cost: $1,200
+ Agent Commision : $1,200
Total Holding Cost: $2,400


Total Flip Cost: $35,515
Projected ARV: $40,000
Net Income (Profit): $4,485
CAP Rate: 12.63%

 Message

8 + 6 = ?