Great Investment Deal 64K Profit 28% Equity ID1184 West Palm Beach, FL
Property Detail
Type
Single Family House Status
Available Location
Florida
Sub Location
West Palm Beach
Price
$199,500
Bedrooms3Bathrooms1.5FlooringCeramic TileEquity27.76%
Property Description
Investor-Ready Foreclosure
This is an Investor-Ready Foreclosure. This house didn’t sell at foreclosure auction and is now bank-owned, similar to an REO. Because the banks are anxious to sell these properties, they may be motivated to negotiate.
Short term rental numbers
| Est. Monthly Rental Income | $2,630 |  |
| Est. Rental Income (over 5 yrs) | $157,811 | |
| minus Seller’s Asking Price | $199,500 | |
| minus Est. Cost of Repairs | N/A | |
| minus Est. Cost of Furnishings | $9,975 | |
| equals 5 year Equity/Profits of | $463,457 | |
Fix & Flip numbers
| Est. After Repair Value (ARV) | $263,018 | |
| minus Seller’s Asking Price | $199,500 | |
| minus Est. Cost of Repairs | N/A | |
| equals Profit Potential of | $63,518 | |
| Equity | 27.76% | |
| 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
