11 Unit Rental 308K Profit 22% Equity ID748 Hollywood, FL
Property Detail
Property Description
Wholesale Deal, Fix & Flip, Rental, Hot Neighborhood, Off Market Deal
About Repairs: Updates of building and units including bathrooms, kitchens, flooring.
Miscellaneous: Building could use a complete update. Roof is said to be done in the last 2 years. However, updates can be done to interior.
How Seller Determined ARV: Based on comps that we have run on properties in the surrounding area that have a similar size, age, or layout. Please contact in to request for more information. But as always, please do your own due diligence and verify all information for accuracy.
Short term rental numbers
| Est. Monthly Rental Income | $19,000 |  |
| Est. Rental Income (over 5 yrs) | $1,140,000 | |
| minus Seller’s Asking Price | $1,417,500 | |
| minus Est. Cost of Repairs | $175,000 | |
| minus Est. Cost of Furnishings | $70,875 | |
| equals 5 year Equity/Profits of | $3,174,125 | |
Fix & Flip numbers
| Est. After Repair Value (ARV) | $1,900,000 | |
| minus Seller’s Asking Price | $1,417,500 | |
| minus Est. Cost of Repairs | $175,000 | |
| equals Profit Potential of | $307,500 | |
| Need funding: | Get Pre-Qualified |
| View Other Funding Options |
This information is provided by the seller. All numbers, including Estimated After Repair Value (ARV) and Estimated Cost of Repairs are estimates. Please do your own due diligence.
Hard Money
Crowdfunding
Long–Term Loans
Private Money
Your Own Cash
Someone Else’s Cash
Take Over Payments
No Money Needed
