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 Off-market Investor special *2bd Or 1ba* fixer upper near Lakeland, FL!

  • House
    1428 acre
    bedroom 2 Bedrooms
    bathroom 1 Baths
  • Flip
    $40,000
    Status : Sold
    Year Built : 1955
 Description
$40k

ARV $135k

2bd/1ba can convert to 3bd/2ba
1428 sqft
Block
City water/sewer
Built in 1955
Market Rents $750-$860

ARV 125k as a 2 Bed / 1 Bath
ARV 150k~ as a 3 Bed / 2 Bath
Around 45k-50k in repairs
Full Gut Job
Kitchen and one of the rooms have deterred wood
No AC
Bathroom needs work along with Kitchen, flooring, electrical, plumbing

0.15 acres
 Rehab Work Needed
  • Bathroom
  • Bedroom
  • Electricity
  • Floor
  • Kitchen
 General Amenities
 Tags
(Investor)  (Fix&Flip)  (Florida)  (Rehab)  (Bundle)  (home)  (house)  (property)  (fixerupper)  (deal) 
Location Map
Image Gallery
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 Summary

Overview
Off-market Investor special *2bd Or 1ba* fixer upper near Lakeland, FL! Sold
$40,000
Property ID: FL191210070
Address: Login to View
City: Eagle Lake
State/Province: FL
Zip Code:
Country: USA


Flip Analysis

+ Purchase Price: $40,000
+ Purchase Closing Cost: $1,200
+ Rehab Cost: $50,000
Total Acquisition Cost: $91,200


+ Selling closing cost: $4,050
+ Agent Commision : $4,050
Total Holding Cost: $8,100


Total Flip Cost: $99,300
Projected ARV: $135,000
Net Income (Profit): $35,700
CAP Rate: 35.95%

 Message

6 X 8 = ?