4 Bd 2 BA House LOADED with CHARACTER in Mount Dora! 6537 Berg Dr

  • House
    1731 ft2
    bedroom 4 Bedrooms
    bathroom 2 Baths
  • Flip/Rental
    $129,500
    Status : Available
    Year Built : 1945
 Description
6537 Berg Dr.
Mt Dora, FL 32757

4 Bedrooms
2  Baths
1,731 sqft /- living
Built 1945   
Lot Size 1 acre 
Retail Value     $225,000
Flip Rehab       $40,000
Market Rent    $1,500+
Rental Rehab   $8,000


Price: $129,500 cash or hard $ + all closing costs
Key Features 
  • Large 1 acre lot
  • No HOA
  • Cinder Block Construction 
  • Near desirable Downtown Mt Dora  
  • Priced below market 
  • Will be vacant at closing
 Rehab Work Needed
  • Appliances
  • Kitchen
 General Amenities
 Distance
Image Gallery

 Summary

Overview
4 Bd 2 BA House LOADED with CHARACTER in Mount Dora! 6537 Berg Dr Flip/Rental
$129,500
Property ID: FL191175205
Address: Login to View
City: Leesburg
State/Province: FL
Zip Code: 32757
Country: USA


Rental Analysis

+ Purchase Price: $129,500
+ Purchase Closing Cost: $3,885
+ Rehab Cost: $8,000
Total Acquisition Cost: $141,385


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


Flip Analysis

+ Purchase Price: $129,500
+ Purchase Closing Cost: $3,885
+ Rehab Cost: $40,000
Total Acquisition Cost: $173,385


+ Selling closing cost: $6,750
+ Agent Commision : $6,750
Total Holding Cost: $13,500


Total Flip Cost: $186,885
Projected ARV: $225,000
Net Income (Profit): $38,115
CAP Rate: 20.39%

 Message

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