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Needs Nothing 28K Profit 15% Equity ID826 Hollywood, FL

Property Detail

Type Single Family House Status Available Location Florida Sub Location Hollywood Price $236,250 Area (sqft)880Bedrooms2Bathrooms1Lot Area7,975Year Built1952FlooringWoodRooflingShingleParkingDrivewayEquity15.00%

Property Description

Wholesale Deal, Off Market Deal

Description: 2 bed, 1 bath, CBS House, 880 sq. ft. 7975 sq. ft. lot. Built in 1952. Wood floors. Shingle roof. Driveway parking.

About Repairs: N/A

How Seller Determined ARV: Based on comps that we have run on properties in the surrounding area that have a similar size, age, or layout. Please contact in to request more information. But as always, please do your own due diligence and verify all information for accuracy.

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Short term rental numbers

Est. Monthly Rental Income$2,647Zestimate
Est. Rental Income (over 5 yrs)$158,829Zestimate
minus Seller’s Asking Price$236,250Zestimate
minus Est. Cost of Repairs$0Zestimate
minus Est. Cost of Furnishings$11,813Zestimate
equals 5 year Equity/Profits of$464,675Zestimate

Fix & Flip numbers

Est. After Repair Value (ARV)$264,715Zestimate
minus Seller’s Asking Price$236,250Zestimate
minus Est. Cost of Repairs$0Zestimate
equals Profit Potential of$28,465Zestimate
Equity15.00%Zestimate
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

Location on map

Get Funding

 

Ready to get funding for your deal? Get lenders competing to finance your deal and get the best rate available anywhere.

Answer a few quick questions and get contacted by lenders who are ready and willing to fund your deal fast. To get started, select your investment strategy below:

 

What’s your investment strategy?

Buy & Hold Fix & Flip A little bit of both
Funding options

View Other Funding Options

Hard Money

Borrow from a Hard Money lender. These loans are easier to quality for, have low rates and fees, and close in as little as 4 days.

Crowdfunding

Borrow up to 80% of the ARV with no origination fees up front. Crowdfunding is faster and more flexible than traditional funding, and less money is needed to close.

Long–Term Loans

Take out a traditional long-term loan from a mortgage company or bank.

Private Money

Borrow money from a private lender. Each private lender is different, but these individuals typically offer lower rates than hard money lenders, and more flexible terms.

Your Own Cash

Use your own cash. Those who have cash generally prefer this method because it eliminates borrowing costs and speeds up the closing process.

Someone Else’s Cash

Bring another individual into the deal who will either partner with you or be your private lender. Partners receive a portion of your profits.

Take Over Payments

Take over the existing mortgage “Subject To” the existing financing. This is much more likely to be effective for motivated seller leads as opposed to wholesale deals.

No Money Needed

If you primarily pursue motivated seller leads and your plan is to wholesale those properties, then you don’t need cash or financing.

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