Cash Flowing Property 50K Profit 15% Equity ID750 Miami, FL
Property Detail
Type
Multi-Family Status
Sold Location
Florida
Sub Location
Miami
Price
$397,950
Area (sqft)1,510Bedrooms5Bathrooms3Year Built1969
Property Description
Wholesale Deal, Fix & Flip, Rental, Off Market Deal
About Repairs: Needs normal work.
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 | $4,577 |  |
| Est. Rental Income (over 5 yrs) | $274,590 | |
| minus Seller’s Asking Price | $397,950 | |
| minus Est. Cost of Repairs | $10,000 | |
| minus Est. Cost of Furnishings | $19,898 | |
| equals 5 year Equity/Profits of | $793,873 | |
Fix & Flip numbers
| Est. After Repair Value (ARV) | $457,650 | |
| minus Seller’s Asking Price | $397,950 | |
| minus Est. Cost of Repairs | $10,000 | |
| equals Profit Potential of | $49,700 | |
| 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
