Miami Duplex 53K Profit 22% Equity ID588 Miami, FL
Property Detail
Property Description
Wholesale Deal, Fix & Flip, Low Days on Market, Hot Neighborhood, Low Vacancies, For Sale by Owner
About Repairs: Full rehab, left in the middle of the remodeling stage as you can see by the pictures… First unit: 3 bedrooms, 2 bathrooms -Second unit: 1 bedroom, 1 bathroom.
How Seller Determined ARV:
- Duplex- 710 NW 45th St Miami, FL 33127 SOLD FOR $355,000
- Duplex- 1798 NW 41st St Miami 33142 SOLD FOR $323,000
- Duplex- 1361 NW 28th St Miami 33142 SOLD FOR $300,000
- Duplex- 99 NW 38th St Miami 33127 SOLD FOR $544,000
- Duplex- 3655 NW 22ND CT MIAMI 33142 SOLD FOR $380,00
Short term rental numbers
| Est. Monthly Rental Income | $3,600 |  |
| Est. Rental Income (over 5 yrs) | $216,000 | |
| minus Seller’s Asking Price | $241,500 | |
| minus Est. Cost of Repairs | $65,000 | |
| minus Est. Cost of Furnishings | $12,075 | |
| equals 5 year Equity/Profits of | $570,925 | |
Fix & Flip numbers
| Est. After Repair Value (ARV) | $360,000 | |
| minus Seller’s Asking Price | $241,500 | |
| minus Est. Cost of Repairs | $65,000 | |
| equals Profit Potential of | $53,500 | |
| 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
