$184,850 · CALLAHAN, FL 32011
Works for flippers · Landlords would lose money

Available

$184,850Asking price

3 bd · 1 ba · 1,164 sq ft · built 1948

CALLAHAN, FL 32011

No contract on file

via InvestorLift Classic

2 views · listed Oct 29

Works for flippers

Landlords would lose money

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $285,000
Asking price: −$184,850
RepairsMiddle of the seller’s $30,740 – $40,740. Ours: $51,500 – $85,500: −$35,740
Loan, holding, closing20% down, 12% interest, 2 points, 74 days: −$20,651
Profit15.4% of ARV · flippers want 10%+: $43,759
Works

Works for a flipper up to $199,000.

ALLIED ADVANTAGE PROPERTY GROUP LLC

Ken Dunn

No reviews yet

Comps

Sales

Rents

ARV $285,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $249,000.

The sales behind this value are shown to members.

ARV $285,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

ALLIED ADVANTAGE PROPERTY GROUP LLC

Ken Dunn

No reviews yet

Seller Description

Address: Callahan, FL 32011

Cash Price: 184,850K + Closing Costs + TC Fee

ARV: 285K (Buyer does own due diligence)

3 Bed | 1 Bath | 1,164 SqFt | 1948 Build

Lot Size: 49,223 SqFt - 1.13 Acres

Avg Rent: $1,300 - $1,700

NOTE: 1.13-Acre High & Dry Lot — Zero HOA & No Restrictions (OR Zoning), Major CapEx Completed — Newer Roof, Newer HVAC & Gas Water Heater, Detached Workshop, Bonus Storage Shed & Carport, $54,000+ Instant Equity Spread Below MLS List Price

Rehab: Medium

PICS: https://drive.google.com/drive/folders/13mwKT343dbMjI5oonVKnb2FWtXO2Iuj2?usp=sharing