GreatDealwithSupportiveCompsinClearwater 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.

 Great Deal with Supportive Comps in Clearwater!

  • House
    1113 ft2
    bedroom 2 Bedrooms
    bathroom 1 Baths
  • Flip/Rental
    Status : Available
    Year Built : 1967
Clearwater, FL 33755

Bedroom: 2
Bath: 1
Garage: 1 Car
Ext Const: Block
Built: 1967
Sqft: 1113
Ppsf: 121
Septic/Sewer: Sewer
HOA: None  
County: Pinellas
Rent = $1200/ Month

ARV: $200K

Price: $139,900 cash or hard $ + all closing costs

Property Description: 
This potential packed off market deal is hard to pass up. With tons of comps in the area easily supporting a value around $200k, this deal presents an incredible opportunity to use this as a long-term rental or even a quick, cheap flip. With slightly smaller rehabbed homes selling over $200/sq, one is certain to make a sizeable profit on this deal.
Property Features Include: Sturdy and well-preserved roof (2011), well kitchen and bathroom, fenced in backyard and a fully intact central A/C unit.
Rent rehab: $15k-$20k
Interior/Exterior paint, update the kitchen and bathroom, new flooring throughout, new baseboards, minor cosmetics throughout and a landscape package. 
 Rehab Work Needed
 General Amenities
Image Gallery


Great Deal with Supportive Comps in Clearwater! Flip/Rental
Property ID: FL19117356
Address: Login to View
City: Clearwater
State/Province: FL
Zip Code: 33755
Country: USA

Rental Analysis

+ Purchase Price: $139,900
+ Purchase Closing Cost: $4,197
+ Rehab Cost: $0
Total Acquisition Cost: $144,097

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

Flip Analysis

+ Purchase Price: $139,900
+ Purchase Closing Cost: $4,197
+ Rehab Cost: $20,000
Total Acquisition Cost: $164,097

+ Selling closing cost: $6,000
+ Agent Commision : $6,000
Total Holding Cost: $12,000

Total Flip Cost: $176,097
Projected ARV: $200,000
Net Income (Profit): $23,903
CAP Rate: 13.57%


1 + 3 = ?