Burn House Deland

  • House
    2978 acre
    bedroom 3 Bedrooms
    bathroom 2 Baths
  • Flip
    $195,000
    Status : Available
    Year Built : 1976
 Description
                                                               Details
Come Check out this beautiful 3/2 in Volusia County. The property sits on 2.5 acres, and has loads of potential to become something special again. The inside of this house has caught fire, and this rehab is going to be an entire gut job. The owner already had a team come through and clean out most of the debris in the majority of the house. The kitchen is where the fire started so it was damaged pretty bad and has not been cleaned out yet. This house could be brought back to its full potential if the right work is put in it. 


                                                               Access
                                                     Call for instructions.

                                                            Please Note:
There is a minimum 5000.00 non refundable Deposit required. Please do your own due diligence, All properties are sold AS-IS with NO INSPECTION PERIOD. Buyer Pays there own closing cost, and all offers Must be CASH.

 Rehab Work Needed
  • Appliances
  • Bathroom
  • Bedroom
  • Electricity
  • Floor
  • Kitchen
  • Light Fixtures
  • Living Room
  • Master Bedroom
  • Open Floor Plan
  • Paint Exterior
  • Paint Interior
  • Roof
 General Amenities
  • In Ground Pool
  • Solar Panels
 Distance
Image Gallery

 Summary

Overview
Burn House Deland Flip
$195,000
Property ID: FL191193835
Address: Login to View
City: De Land
State/Province: FL
Zip Code: 32720
Country: USA


Flip Analysis

+ Purchase Price: $195,000
+ Purchase Closing Cost: $5,850
+ Rehab Cost: $120,000
Total Acquisition Cost: $320,850


+ Selling closing cost: $12,900
Total Holding Cost: $12,900


Total Flip Cost: $333,750
Projected ARV: $430,000
Net Income (Profit): $96,250
CAP Rate: 28.84%

 Message

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