SUPERCHEAPBlockHousein32835withLargeYard House Flip/Rental at Cash Flow Investors Portal in Florida, USA

Please Wait...
Your transaction is in process, please do not click on browser's back button or reload the page.

 SUPER CHEAP! Block House in 32835 with Large Yard!

  • House
    916 ft2
    bedroom 2 Bedrooms
    bathroom 1 Baths
  • Flip/Rental
    $79,900
    Status : Available
    Year Built : 1954
 Description
326 S Observatory Drive
Orlando, Florida 32835  

Price: $79,900
ARV: $145,000 

Bedrooms: 2
Bathrooms: 1
Square feet: 916
Year Built: 1954
Construction: Block  

Architectural drawings are already in place to convert this house into a 3/2! At under $80,000, this is by far the cheapest house in the area. It features a large back yard and built-to-last block construction. Its location is just minutes to Downtown Orlando and has great potential as a flip or rental.  

Rehab Cost: $30-$35,000
Additional room and bathroom renovation - $12-$15,000
Needs to be completely rewired (electrical) - $8,000
Miscellaneous repairs (drywall, exterior, windows) - $3,000
Flooring - $3,000
Cabinets/Appliances - $3,000
Interior paint - $2,500  

Comps:
$139,000 - 44 S LANCELOT AVE, ORLANDO, FL 32835 (SLD) - 3/2 1,081 SF
$170,000 - 6145 CHANTRY ST, ORLANDO, FL 32835 (ACT) - 3/2 1,152 SF
$169,900 - 9 N JOHN ST, ORLANDO, FL 32835 (SLD) - 3/2 1,170 SF  

CASH or HARD MONEY loan only
$3,000-$5,000 Earnest Money Deposit
Property is sold as-is. Buyer to perform due diligence before purchasing

Contact Zachary Tuohey at 407-928-0307 or ZTuohey23@gmail.com for more information. Sand Dollar Realty SL3435375
 Rehab Work Needed
 General Amenities
 Distance

 Summary

Overview
SUPER CHEAP! Block House in 32835 with Large Yard! Flip/Rental
$79,900
Property ID: FL191172699
Address: Login to View
City: Orlando
State/Province: FL
Zip Code: 32835
Country: USA


Rental Analysis

+ Purchase Price: $79,900
+ Purchase Closing Cost: $2,397
+ Rehab Cost: $10,000
Total Acquisition Cost: $92,297


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


Flip Analysis

+ Purchase Price: $79,900
+ Purchase Closing Cost: $2,397
+ Rehab Cost: $32,000
Total Acquisition Cost: $114,297


+ Selling closing cost: $4,350
+ Agent Commision : $4,350
Total Holding Cost: $8,700


Total Flip Cost: $122,997
Projected ARV: $145,000
Net Income (Profit): $22,003
CAP Rate: 17.89%

 Message

2 - 6 = ?