FL House Deal 30K Profit 16% Equity ID730 Margate, FL
Property Detail
Type
Single Family House Status
Sold Location
Florida
Sub Location
Margate
Price
$224,700
Area (sqft)1,706Bedrooms2Bathrooms2Year Built1972Garage Size1 Car
Property Description
Wholesale Deal, Off Market Deal
About Repairs: N/A
How Seller Determined ARV: Zillow estimate. As always, please do your own due diligence and verify all information for accuracy.
Short term rental numbers
| Est. Monthly Rental Income | $2,550 |  |
| Est. Rental Income (over 5 yrs) | $153,000 | |
| minus Seller’s Asking Price | $224,700 | |
| minus Est. Cost of Repairs | $0 | |
| minus Est. Cost of Furnishings | $11,235 | |
| equals 5 year Equity/Profits of | $447,765 | |
Fix & Flip numbers
| Est. After Repair Value (ARV) | $255,000 | |
| minus Seller’s Asking Price | $224,700 | |
| minus Est. Cost of Repairs | $0 | |
| equals Profit Potential of | $30,300 | |
| 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.
Property Features
no repairs required
Hard Money
Crowdfunding
Long–Term Loans
Private Money
Your Own Cash
Someone Else’s Cash
Take Over Payments
No Money Needed
