Investorlift

$314,900 · OPA-LOCKA, FL 33054
Works for flippers · Works for landlords

Sold

$314,900Asking price

6 bd · 2 ba · 1,276 sq ft · built 1955

OPA-LOCKA, FL 33054

No contract on file

via InvestorLift Classic

Listed Sep 30

Works for flippers

Works for landlords

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $480,000
Asking price: −$314,900
RepairsMiddle of our estimate, $16,000 – $34,000: −$25,000
Loan, holding, closing20% down, 12% interest, 2 points, 70 days: −$34,683
Profit22.0% of ARV · flippers want 10%+: $105,417
Works

Works for a flipper up to $368,000.

BIG TIM'S PROPERTIES

Jelaica

No reviews yet

Comps

Sales

Rents

ARV $480,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

BIG TIM'S PROPERTIES

Jelaica

No reviews yet

Seller Description

Property Details

6 Bedrooms / 2 Bathrooms
1,276 SQFT Living Area
8,256 SQFT Lot
Built in 1955
Single-Family Home
Originally a 4/2 layout
Seller converted the living room into 2 additional bedrooms
3 tenants paying $650/month each
2 tenants paying $520/month each
1 tenant paying $735/month for the efficiency
Total Rental Income: $3,725/Month
Buyer to assume MTM tenants
Seller will provide 30-day notice to vacate to all tenants

Rehab Details

Full rehab needed
Roof replacement needed
Estimated Rehab: $70,000–$80,000

Investment Highlights

Opa-locka single-family home
Currently configured as 6 bedrooms / 2 bathrooms
$3,725/month in current rental income
Value-add opportunity through full renovation
Large 8,256 SQFT lot

Purchase Terms

As-Is Sale
Cash or Hard Money
Seller selects escrow and title agent
Buyer covers all closing costs
Realtors or Wholesalers may add commission

For inquiries, please text or call: 623-498-2126

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ARV $480,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $527,000.

The sales behind this value are shown to members.

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Investorlift
FL
Opa-locka
33054
OPA-LOCKA, FL 33054

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