$265,000 · PALM BAY, FL 32909
Tight for flippers · Landlords would lose money

Available

$265,000Asking price

3 bd · 2 ba · 1,472 sq ft · built 2022

PALM BAY, FL 32909

No contract on file

via InvestorLift Classic

Listed 2 days ago

Tight for flippers

Landlords would lose money

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $335,000
Asking price: −$265,000
RepairsMiddle of the seller’s $5,000 – $15,000. Ours: $15,500 – $32,500: −$10,000
Loan, holding, closing20% down, 12% interest, 2 points, 64 days: −$26,701
Profit9.9% of ARV · flippers want 10%+: $33,299
Tight

Works for a flipper at $264,000 or less.

ALLIED ADVANTAGE PROPERTY GROUP LLC

Ken Dunn

No reviews yet

Comps

Sales

Rents

ARV $335,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $281,000.

The sales behind this value are shown to members.

ARV $335,000

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: Palm Bay, FL 32909 Cash Price: 265K + Closing Costs + TC Fee

ARV: 335K (Buyer does own due diligence)

3 Bed | 2 Bath | 1,472 SqFt | 2022 Build

Lot Size: 10,454 SqFt - 0.23 Acres

Avg Rent: $2100 - 2300

NOTE: 2022 Modern CBS Build & Stacked Stone Facade, Chef's Island Kitchen & Luxury Granite Finishes, Seamless Wood-Look Tile Flooring (Zero Carpet), Turnkey Cash Flow or Fast $55,000+ Flip Margin

Rehab: Light Cosmetics

PICS: https://drive.google.com/drive/folders/1oHzhGCXGJTRqWxPkfD6z6ypIiWKqGv4n?usp=sharing