Investment Property 121K Profit 24% Equity ID1165 Pompano Beach, FL
Property Detail
Type
Single Family House Status
Available Location
Florida
Sub Location
Pompano Beach
Price
$493,500
Area (sqft)2,156Bedrooms3Bathrooms3Year Built1956Equity23.58%
Property Description
Wholesale Deal, Pool
About Repairs: Please contact for more details.
Miscellaneous: The property is vacant on a lockbox. The closing date is set for February 19th, 2021.
How Seller Determined ARV: Please view photos for comps. As always, please do your own due diligence and verify all information for accuracy.
Short term rental numbers
| Est. Monthly Rental Income | $6,800 |  |
| Est. Rental Income (over 5 yrs) | $408,000 | |
| minus Seller’s Asking Price | $493,500 | |
| minus Est. Cost of Repairs | $65,000 | |
| minus Est. Cost of Furnishings | $24,675 | |
| equals 5 year Equity/Profits of | $1,134,325 | |
Fix & Flip numbers
| Est. After Repair Value (ARV) | $680,000 | |
| minus Seller’s Asking Price | $493,500 | |
| minus Est. Cost of Repairs | $65,000 | |
| equals Profit Potential of | $121,500 | |
| Equity | 23.58% | |
| 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
