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Cypress Lake, FL

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Cypress Lake, FL

$199,500 · FORT MYERS, FL 33919
Works for flippers · Works for landlords

Available

$199,500Asking price

3 bd · 2 ba · 1,296 sq ft · built 1964

FORT MYERS, FL 33919

No contract on file

via InvestorLift Classic

Listed Oct 14

Works for flippers

Works for landlords

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $320,000
Asking price: −$199,500
RepairsMiddle of our estimate, $0 – $10,500: −$5,250
Loan, holding, closing20% down, 12% interest, 2 points, 62 days: −$22,030
Profit29.1% of ARV · flippers want 10%+: $93,220
Works

Works for a flipper up to $257,000.

NEXKEY COLLECTIVE

NexKey Collective Deals - Kristie DeLouise

No reviews yet

Comps

Sales

Rents

ARV $320,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $178,000.

The sales behind this value are shown to members.

ARV $320,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

NEXKEY COLLECTIVE

NexKey Collective Deals - Kristie DeLouise

No reviews yet

Seller Description

Property Details:

Address: 1379 GOLF DR, FORT MYERS, FL 33919

Bed/Bath: 3 Bed / 2 Bath

Square Footage: 1,296 sqft

Year Built: 1964

HOA Restrictions: No HOA

Multi-Unit: No

Features + Amenities:

Furnished: No

Pool: No

Tenant Occupied: N/A

Monthly Rent: N/A

Est. Repairs:N/A

Financing Details:

Purchase Price: $199,500

Est. ARV: $320,000

PP Percent of ARV: 62.34%

Monthly Payments:

Exit Scenarios:

Est. Average LTR: $1,854

Est. Average STR: $3,433

Additional Details:

Well-maintained 3-bedroom, 2-bath home with a versatile den in a highly desirable neighborhood near Gulf beaches, shopping, dining, parks, and medical facilities. Features include ceramic tile flooring in the main living areas, a bright open layout, a screened lanai, mature landscaping, a spacious backyard, and easy access to major roads.

CONTACT:

For additional property details, walkthrough instructions, or to submit an offer, please contact:

Mike Graham

NexKey Collective

Phone: (917) 746-5159

BUYERS, PLEASE CONDUCT YOUR DUE DILLIGENCE