HUGE 3,200 SF House in East Orlando! - 2140 Cascades Cove Drive

  • House
    3210 ft2
    bedroom 4 Bedrooms
    bathroom 3 Baths
  • Flip
    $304,000
    Status : Available
    Year Built : 2002
 Description
2140 Cascades Cove Dr.
Orlando, FL. 32820

Bedrooms:4   
Bathrooms:3 
Ext. Construction:Block

Living SF:3,210 
Built: 2002
Annual Taxes: $4,341.39
Rehab:$20k - $25k
 

ARV: $375K

Price: $304K cash or hard $ + all closing costs

Property Description

Here is a block 4/3/3 3,210 SQFT house in the Cypress Lakes neighborhood of East Orlando.House is clean and needs only a roof and light cosmetics. House is owner occupied so please schedule an appointment for showing.Houses this size in Cypress Lakes are selling for about $125/SQFT which puts you at around a $401,000 ARV. However, considering a few of those comps have pools we adjusted to an estimated $375,000 ARV.More pics to come shortly.
 Rehab Work Needed
  • Paint Interior
  • Roof
 General Amenities
 Distance
Image Gallery

 Summary

Overview
HUGE 3,200 SF House in East Orlando! - 2140 Cascades Cove Drive Flip
$304,000
Property ID: FL191161225
Address: Login to View
City: Edgewater
State/Province: FL
Zip Code: 32820
Country: USA


Flip Analysis

+ Purchase Price: $304,000
+ Purchase Closing Cost: $9,120
+ Rehab Cost: $20,000
Total Acquisition Cost: $333,120


+ Selling closing cost: $11,250
+ Agent Commision : $11,250
Total Holding Cost: $22,500


Total Flip Cost: $355,620
Projected ARV: $375,000
Net Income (Profit): $19,380
CAP Rate: 5.45%

 Message

7 - 1 = ?