Cool House in Saint Pete! 4219 4TH Ave S

  • House
    1006 ft2
    bedroom 2 Bedrooms
    bathroom 1 Baths
  • Flip/Rental
    $118,900
    Status : Available
    Year Built : 1925
 Description
4219 4TH Ave S
St Petersburg, FL 33711

Bedroom: 2
Bath: 1
Parking: Det Garage (block)
Ext Const: Frame 
Built: 1925
Sqft: 1,006
Ppsf: 118.19
Tax/Yr: 1,262
Septic/Sewer: Public Sewer
HOA: N/A
County: Pinellas


ARV: $215K

Price: $118,900 cash or hard $ + all closing costs

Property Overview:  If your looking for a Money Making flip to start 2020 off right...then Here it Is! The roof on this Gem is 10 years old approx and the A/C is right at 4 years old. With those 2 major items easily crossed off your to-do list this deal even sweeter. What is even better is the Huge return you will be making on this investment. And if you wanted toshow off your skills a 2nd bath could easily be added. And with comparable homes selling for a range of 215-250+ psqft and only on the market right at 30 days. 
 
Property Features include; Roof only 10 years old, 2 Car Detach Garage, A/C 4 years young. 
 
Flip Rehab: 25k-30k 
Highend Rehab: 35k-40k
Interior and exterior painting, kitchen and bath updates, flooring, cosmetics, yard cleanup.
 Rehab Work Needed
  • Bathroom
  • Kitchen
  • Master Bedroom
 General Amenities
 Distance

 Summary

Overview
Cool House in Saint Pete! 4219 4TH Ave S Flip/Rental
$118,900
Property ID: FL191172236
Address: Login to View
City: Saint Petersburg
State/Province: FL
Zip Code: 33711
Country: USA


Rental Analysis

+ Purchase Price: $118,900
+ Purchase Closing Cost: $3,567
+ Rehab Cost: $0
Total Acquisition Cost: $122,467


Monthly Rent: $0
+ Annual Potential Rent: $0
- Vacancy (3%): $0
Annual Gross Income: $0
Annual Gross ROI: 0%


Flip Analysis

+ Purchase Price: $118,900
+ Purchase Closing Cost: $3,567
+ Rehab Cost: $30,000
Total Acquisition Cost: $152,467


+ Selling closing cost: $6,450
+ Agent Commision : $6,450
Total Holding Cost: $12,900


Total Flip Cost: $165,367
Projected ARV: $215,000
Net Income (Profit): $49,633
CAP Rate: 30.01%

 Message

8 + 8 = ?