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$609,990 · WEST PALM BEACH, FL 33405
Tight for flippers · Landlords would lose money

Available

$609,990Asking price

5 bd · 3 ba · 825 sq ft · built 1925

WEST PALM BEACH, FL 33405

No contract on file

via InvestorLift Classic

Listed Oct 19

Tight for flippers

Landlords would lose money

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $700,000
Asking price: −$609,990
RepairsMiddle of our estimate, $0 – $7,000: −$3,500
Loan, holding, closing20% down, 12% interest, 2 points, 61 days: −$58,846
Profit4.0% of ARV · flippers want 10%+: $27,664
Tight

Works for a flipper at $570,000 or less.

NEXKEY COLLECTIVE

NexKey Collective Deals - Kristie DeLouise

No reviews yet

Comps

Sales

Rents

ARV $700,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $775,000.

The sales behind this value are shown to members.

ARV $700,000

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: 454 Monroe Dr, West Palm Beach, FL 33405

Bed/Bath: 5 Bed / 3 Bath

Square Footage: 1,925 sqft

Year Built: 1825

HOA Restrictions: No HOA

Multi-Unit: 3 unit

Features + Amenities:

Furnished: No

Pool: No

Tenant Occupied: N/A

Monthly Rent: N/A

Est. Repairs:N/A

Financing Details:

Purchase Price: $609,900

Est. ARV: $700,000

PP Percent of ARV: 87.13%

Monthly Payments:

Exit Scenarios:

Est. Average STR: $9,875

Additional Details:

3/1 Main House has Central AC & Tankless Water Heater
1/1 Back House Downstairs has Mini Split AC & Tankless Water Heater
1/1 Upstairs Rented M2M has Mini Split AC. Separate Electric Meters
Main House & Downstairs Units are Vacant on a Lockbox
Renovated Units, Move In Ready
Back House Upstairs Unit 3 is Occupied
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