Great Opportunity for Investors ID7
Property Detail
Type
Single Family House Status
Sold Location
Florida
Sub Location
West Park
Price
$259,350
Area (sqft)1,800Bedrooms5Bathrooms2Year Built1957
Property Description
Wholesale Deal – High ROI
Description: 5 bedroom, 2 bath CBS house. 1800 sq. ft. Used as a 4/1 and 1/1 with separate entrances. 1/1 rented for $850 M. Roof was done 2 years ago.
About Repairs: Minimal work needed.
How Seller Determined ARV:
Comparable Sales Data: Address – Price Sold On – SqFt – Price/SqFt – Bed – Bath – Built
- 5733 SW 39th St $315,000 07/29/2019 1525 $207 4 2.0 2019
- 120 NE 212th St $320,000 02/19/2020 2044 $157 4 2.0 1968
- 213 NE 212th Ter $305,000 08/30/2019 1980 $154 3 3.0 1991
- 102 Newton Rd $305,000 12/09/2019 1674 $182 3 3.0 1954
Short term rental numbers
| Est. Monthly Rental Income | $3,600 |  |
| Est. Rental Income (over 5 yrs) | $216,000 | |
| minus Seller’s Asking Price | $259,350 | |
| minus Est. Cost of Repairs | $15,000 | |
| minus Est. Cost of Furnishings | $12,968 | |
| equals 5 year Equity/Profits of | $620,033 | |
Fix & Flip numbers
| Est. After Repair Value (ARV) | $360,000 | |
| minus Seller’s Asking Price | $259,350 | |
| minus Est. Cost of Repairs | $15,000 | |
| equals Profit Potential of | $85,650 | |
| 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
instant equity 25% +
Hard Money
Crowdfunding
Long–Term Loans
Private Money
Your Own Cash
Someone Else’s Cash
Take Over Payments
No Money Needed
