Off Market SFH 4bd 3ba + Detached Guest house Fixer Upper In Ringling Park!

  • House
    2100 acre
    bedroom 4 Bedrooms
    bathroom 3 Baths
  • Flip
    $230,000
    Status : Available
    Year Built : 1946
 Description
$230k

ARV $330k

4bd/3ba
2100 sqft0.3 acres/ 13,068 sqft

Wood frame
City water/sewer
Yr built 1946

Market rents $1700

$25-30k rehab estimate: screened in porch, interior paint, flooring and other minor misc touch-ups

 Rehab Work Needed
  • Air Conditioning
  • Appliances
  • Bathroom
  • Bedroom
  • Fence
  • Floor
  • Kitchen
  • Light Fixtures
  • Master Bedroom
  • Paint Interior
  • Yard
 General Amenities
 Distance
  • Beach : 5 Minutes
 Tags
Image Gallery

 Summary

Overview
Off Market SFH 4bd 3ba + Detached Guest house Fixer Upper In Ringling Park! Flip
$230,000
Property ID: FL191178963
Address: Login to View
City: Sarasota
State/Province: FL
Zip Code: 34237
Country: USA


Flip Analysis

+ Purchase Price: $230,000
+ Purchase Closing Cost: $6,900
+ Rehab Cost: $30,000
Total Acquisition Cost: $266,900


+ Selling closing cost: $9,900
+ Agent Commision : $9,900
Total Holding Cost: $19,800


Total Flip Cost: $286,700
Projected ARV: $330,000
Net Income (Profit): $43,300
CAP Rate: 15.1%

 Message

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