Property ID:
FL200211544
City:
Pompano Beach
State/Province:
FL
Zip Code:
33069
Country:
USA
Rental Analysis
+ Purchase Price:
$179,000
+ Purchase Closing Cost:
$5,370
+ Rehab Cost:
$40,000
Total Acquisition Cost:
$224,370
Monthly Rent:
$2,000
+ Annual Potential Rent:
$24,000
- Vacancy (3%):
$720
Annual Gross Income:
$23,280
Annual Gross ROI:
10.38%
Flip Analysis
+ Purchase Price:
$179,000
+ Purchase Closing Cost:
$5,370
+ Rehab Cost:
$40,000
Total Acquisition Cost:
$224,370
+ Selling closing cost:
$7,800
+ Agent Commision :
$7,800
Total Holding Cost:
$15,600
Total Flip Cost:
$239,970
Projected ARV:
$260,000
Net Income (Profit):
$20,030
CAP Rate:
8.35%