$335,000 · PINELLAS COUNTY, PALM HARBOR, FL 34684
Works for flippers · Landlords would lose money

Available

$335,000Asking price

3 bd · 2 ba · 1,586 sq ft · built 1988

PINELLAS COUNTY, PALM HARBOR, FL 34684

Contract on file

42 views · 1 saved · listed 2 days ago

Works for flippers

Landlords would lose money

The Numbers

Flip

Rental

Sells for (ARV)Backed by 7 comps: $478,000
Asking price: −$335,000
RepairsMiddle of the seller’s $34,500 – $58,000. Ours: $34,500 – $62,000: −$46,250
Loan, holding, closing20% down, 12% interest, 2 points, 79 days: −$36,711
Profit12.6% of ARV · flippers want 10%+: $60,039
Works

Works for a flipper up to $346,000.

HQ HOME BUYERS

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Comps

Sales

Rents

ARV $478,000

Backed by comps

Investimate’s value for the 7 sales the seller picked.

The sales behind this value are shown to members.

ARV $478,000

Backed by comps

Investimate’s value for the 7 sales the seller picked.

The sales behind this value are shown to members.

HQ HOME BUYERS

No reviews yet

Seller Description

Palm Harbor, FL — 3/2 SFR (1,586 SF): ARV $478,000 with a 30% discount below ARV at the $335,000 ask, leaving an estimated $60,039 flip profit and 14% projected ROI. Flip math is the story here: comps-backed ARV $478,000 vs. $335,000 entry (30% under ARV). The flip analysis projects a $60,039 margin at a 13% margin rate and 14% ROI based on the provided assumptions. Rental snapshot (as modeled) is not the primary exit: estimated rent $2,750/month, but projected monthly cash flow of -$358 with a 5.1% cap rate and -6.4% cash-on-cash return (assumptions: 20% down, 7% rate, 30yr, 20% expenses, 8% vacancy; 25 rent comps used). Condition is Major Rehab with an estimated repair range of $34,500–$58,000, positioning this as a value-add project to push to the $478,000 ARV. Roof replaced 2014. HVAC will need replacement. Cash buyers preferred with a quick close.