Beautiful 4 Bd 3 Ba in Maitland! 1705 E Horatio Ave

  • House
    2300 ft2
    bedroom 4 Bedrooms
    bathroom 3 Baths
  • Flip/Rental
    $334,900
    Status : Available
    Year Built : 1957
 Description
1705 E HORATIO AVE,
MAITLAND, FL 32751

Bedroom: 4
Bath: 3/0
Parking: 2 Car Garage
Ext Const: Block
Built: 1957
Sqft: 2,,300
Ppsf: 145.60
Tax/Yr: 2,319
Septic/Sewer: Private Sewer
HOA: N/A
County: Orange

Avg Rent = 2,800/Mo (2,000 main house and 800 on In-Law suite)
Gross Rent ROI = 9.74% 

Rehab: See below
 
ARV: $480K

Price: $334,900 -  cash or hard $ + all closing costs

Property Overview:  Another Touchdown flip right here in Maitland. This property is in great condition and will need mostly a cosmetic rehab to bring it back to 2019. Don’t miss this wonderful opportunity to make a great profit.
 
Property Features include; Intact roof, 2 newer HVAC systems, In-law suite, and some newer windows.
 
Rent Rehab: 10k
Cleaning, Interior paint, some new flooring, and minor cosmetics. This unit has and In-Law suite that can be rented easily for $800/Mo
 
Flip Rehab: 35K 
Interior and exterior painting, kitchen and bath updates, flooring, minor cosmetics, yard cleanup.
 
 Rehab Work Needed
  • Bedroom
  • Kitchen
 General Amenities
 Distance
Image Gallery

 Summary

Overview
Beautiful 4 Bd 3 Ba in Maitland! 1705 E Horatio Ave Flip/Rental
$334,900
Property ID: FL191183472
Address: Login to View
City: Maitland
State/Province: FL
Zip Code: 32751
Country: USA


Rental Analysis

+ Purchase Price: $334,900
+ Purchase Closing Cost: $10,047
+ Rehab Cost: $0
Total Acquisition Cost: $344,947


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


Flip Analysis

+ Purchase Price: $334,900
+ Purchase Closing Cost: $10,047
+ Rehab Cost: $45,000
Total Acquisition Cost: $389,947


+ Selling closing cost: $14,400
+ Agent Commision : $14,400
Total Holding Cost: $28,800


Total Flip Cost: $418,747
Projected ARV: $480,000
Net Income (Profit): $61,253
CAP Rate: 14.63%

 Message

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