$185,000 · DELTONA, FL 32725
Works for flippers · Landlords would lose money

Available

$185,000Asking price

2 bd · 2 ba · 1,287 sq ft · built 1974

DELTONA, FL 32725

No contract on file

via InvestorLift Classic

3 views · listed 5 days ago

Works for flippers

Landlords would lose money

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $296,400
Asking price: −$185,000
RepairsMiddle of the seller’s $35,000 – $45,000. Ours: $14,000 – $29,500: −$40,000
Loan, holding, closing20% down, 12% interest, 2 points, 76 days: −$21,100
Profit17.0% of ARV · flippers want 10%+: $50,300
Works

Works for a flipper up to $204,000.

ALLIED ADVANTAGE PROPERTY GROUP LLC

Ken Dunn

No reviews yet

Comps

Sales

Rents

ARV $296,400

From the listing

The seller picked no comps. Investimate’s own value for this home is $241,000.

The sales behind this value are shown to members.

ARV $296,400

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: Deltona, FL 32725

Cash Price: 185K + Closing Costs + TC Fee

ARV: 296,4K (Buyer does own due diligence)

2 Bed | 2 Bath | 1,287 SqFt | 1974 Build

Lot Size: 11,761 SqFt - 0.27 Acres

Avg Rent: $1,500 - $1,900

NOTE: Solid Block Construction & Stone Accented Facade, 100% Ceramic TileFlooring Throughout Entire Home, Generous Enclosed Florida Room + Fenced Backyard, Fast Cosmetic Scope + $66,000 + Equity Spread

Rehab: Light Cosmetics

PICS: https://drive.google.com/drive/folders/1uPytIXkTS1mmQnZgA7K-0hwP7dqS34uS?usp=sharing