MASSIVE ROI in Deltona! - Whippoorwill Lane

  • House
    2948 square_feet
    bedroom 3 Bedrooms
    bathroom 2 Baths
  • Flip
    $199,000
    Status : Available
    Year Built : 1976
 Description
Whippoorwill Ln.
Deland, FL. 32720

Bedrooms:3   
Bathrooms:2 

Ext. Construction:Brick

Living SF:2,948 
Built: 1976 
Annual Taxes: $6,692
Rehab:$130K - $150K

ARV: $425K

Price: $199K cash or hard $ + all closing costs

Property Description

*Showing Scheduled for Saturday 11/8/19 – Must RSVP Come Check out this beautiful 3/2 with a pool in Volusia County. The property sits on 2.5 acres and has loads of potential to become something special again. The inside of this house major fire damage, and this rehab is going to be an entire gut job. Certain parts of this house caught fire, but not all of it. Some areas of the house were only smoke damaged, and some were not touched at all. The owner already had a team come through and clean out most of the debris in the majority of the house. The kitchen is where the fire started so it was damaged pretty bad and has not been cleaned out yet. This house could be brought back to its full potential if the right work is put in it. Don’t wait, jump on this property today! Showings by appointment only.

 Rehab Work Needed
  • Appliances
  • Bathroom
  • Bedroom
  • Fence
  • Floor
  • Kitchen
  • Master Bedroom
 General Amenities
 Distance
Image Gallery

 Summary

Overview
MASSIVE ROI in Deltona! - Whippoorwill Lane Flip
$199,000
Property ID: FL191158933
Address: Login to View
City: Deltona
State/Province: FL
Zip Code: 32720
Country: USA


Flip Analysis

+ Purchase Price: $199,000
+ Purchase Closing Cost: $5,970
+ Rehab Cost: $140,000
Total Acquisition Cost: $344,970


+ Selling closing cost: $12,750
+ Agent Commision : $12,750
Total Holding Cost: $25,500


Total Flip Cost: $370,470
Projected ARV: $425,000
Net Income (Profit): $54,530
CAP Rate: 14.72%

 Message

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