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 AMAZING Fix and Flip opportunity in the Brevard County

  • House
    1932 square_feet
    bedroom 4 Bedrooms
    bathroom 3 Baths
  • Flip
    $120,000
    Status : Available
    Year Built : 1962
 Description
CASH OFFERS ONLY + SERIOUS INQUIRES Asking price: $120,000 ARV: $250k - $300k Repairs: $75k - $100k Sqft: 1932 (2820 counting the garage and screened porch) 4 Bedrooms / 3 Bathrooms Pool in working condition Beautiful fireplace This property is an outstanding opportunity for investors. It is in a great location (less than 0.5 miles from US-1 and the beautiful Indian River). The property also has one of the largest lots in the Century Oak Subdivision (.31 acres), providing plenty of opportunities to expand, fix, or innovate the space. Similar properties nearby were sold for $350k+ demonstrating the amount of room to profit. If interested, do not hesitate to contact me to schedule a showing or ask about any other details. Assignable Contract held.
 Rehab Work Needed
  • Bathroom
  • Bedroom
  • Electricity
  • Fence
  • Floor
  • Kitchen
  • Light Fixtures
  • Living Room
  • Master Bedroom
  • Open Floor Plan
  • Paint Exterior
  • Paint Interior
  • Pool
  • Yard
 General Amenities
  • In Ground Pool
 Tags

 Summary

Overview
AMAZING Fix and Flip opportunity in the Brevard County Flip
$120,000
Property ID: FL20078023
Address: Login to View
City: Malabar
State/Province: FL
Zip Code: 32950
Country: USA


Flip Analysis

+ Purchase Price: $120,000
+ Purchase Closing Cost: $3,600
+ Rehab Cost: $100,000
Total Acquisition Cost: $223,600


+ Selling closing cost: $9,000
+ Agent Commision : $9,000
Total Holding Cost: $18,000


Total Flip Cost: $241,600
Projected ARV: $300,000
Net Income (Profit): $58,400
CAP Rate: 24.17%

 Message

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