Investment Strategy: Rental/Resale
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Escrow Amount: 10K
Close Of Escrow: July 8th on or before
Potential ARV: $205,000 - $215,000
Estimated Rehab: $40,000 - $50,000
Comparable Rent: $900 - $1,100
Construction: CBS
Pool: N/A
Comp 1: 845 S Brooks Ave, Deland, FL 32720 3bd 2ba1,100 sq ft Sold: $253,000 on 06/03/22 ($230 Price per sq ft)
Comp 2: 237 S Clara Ave, Deland, FL 32720 2bd 1ba 784 sq ft Sold: $175,000 on 05/25/22 ($223 Price per sq ft)
Comp 3: 216 W Euclid Ave, Deland, FL 32720 2bd 1ba 672 sq ft Sold: $159,000 on 03/11/22 ($236 Price per sq ft)
Rehab Description: For a rental or a flip, a cosmetic rehab is recommended. Kitchen, bathroom, and floors should be updated. Roof and HVAC should be addressed. Touch up drywall and apply a fresh coat of paint to the exterior and interior. Consider improving front yard landscaping to boost curb appeal.
Features: This small city has great attractions such as Skydive Deland, Blue Heron River Tours, and Walking Deland Tours. There are top schools in the area such as Deland High School and Southwestern Middle School that are less than 2.4 miles away.
Important Details: Vacant at close
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DISCLAIMER: As-is sale. Seller/Assignor makes no warranties. Assignable contract of equitable title. Buyer to pay all closing costs, escrow/title fees. Buyer to perform their own due diligence prior to assignment. A purchase and sale agreement with memorandum has been signed with the Seller giving Cash Buyers Network the exclusive right to purchase said property. We are NOT brokers, do not represent the seller and do not represent ourselves as such. DO NOT CONTACT THE OWNER/SELLER without our explicit consent. Any attempts to renegotiate or make contact with the owner will result in legal action. We do not give the right to market this property without our written consent.
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