$289,900 · BRANDON, FL 33510
Works for flippers · Landlords would lose money

Available

$289,900Asking price

3 bd · 2 ba · 1,572 sq ft · built 1986

BRANDON, FL 33510

No contract on file

via InvestorLift Classic

13 views · 1 saved · listed Nov 3

Works for flippers

Landlords would lose money

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $450,000
Asking price: −$289,900
RepairsMiddle of the seller’s $70,000 – $80,000. Ours: $66,000 – $110,000: −$75,000
Loan, holding, closing20% down, 12% interest, 2 points, 90 days: −$33,698
Profit11.4% of ARV · flippers want 10%+: $51,402
Works

Works for a flipper up to $295,000.

ELIZABETH

Elizabeth G

No reviews yet

Comps

Sales

Rents

ARV $450,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $443,000.

The sales behind this value are shown to members.

ARV $450,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

ELIZABETH

Elizabeth G

No reviews yet

Seller Description

*Property Details*

• Lot Size: 38,411 sq ft (0.88 acres)

• Largest lot in the neighborhood

• Additional land directly across the water included

• Roof: 2021–2022

*Rehab Details*

• Full interior renovation needed

• Patio repairs needed

*Flip Snapshot*

• ARV: $450k

• Rehab: 70k-80k

• Potential Net Profit: $60k

Great fix and flip opportunity in a low DOM area. Located on a cul-de-sac with nearly an acre of land, including additional land across the water. Roof replaced in 2021–2022. Older AC system, additional gated entrance, and possible electrical panel replacement. Full interior update needed. ARV $450k / Rehab 70k-80k / Potential Net Profit $60k.

*NOTE:* Seller to have a 30 day post occ w/ $10k escrow holdback. Buyer to assume contents left behind.