Miami, FL SFR (3/2.5, 1,678 sf): ARV $710,000 with a $515,000 buy-in — 27% below ARV and a projected $141,883 flip profit.
Flip numbers: comps-backed ARV $710,000, discount 27% below ARV, projected profit $141,883 with an estimated 25% ROI (20% margin).
Rental numbers: estimated rent $5,000/mo with projected monthly cash flow of $539. Pro forma cap rate 7.6% and cash-on-cash return 6.3% (GRM 8.6; assumptions: 20% down, 7% rate, 30yr, 20% expenses, 8% vacancy, $0/mo HOA).
Condition is Major Rehab. Value-add is a full renovation path to ARV: termite tenting, exterior fascia work, kitchen + two bath updates, HVAC, flooring/paint, and curb appeal; garage revamp potential is noted.
Cash/quick close preferred.
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