Leesburg Flip or Rental Priced $100k Under Comps

Lake County, Leesburg, FL, 34748
Sold
Listed at: October 18th, 2022
Price
$135,000
ARV
$250,000
Gross Margin
$115,000
Sq. Footage
1837
Type
Single-Family
Parking
Detached Garage
Year build
1938
Lot size
0.26 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

Investment Opportunity

Fix & Flip
Retail Value            250,000
Purchase Price     135,000
Closing & Rehab    50,000
Carry & Sale           10,000
Est. Profit               $55,000

Rental
Purchase Price      135,000
Closing & Rehab     25,000
Rent 1,550 x 12       18,600
Tax & Insurance        3,000   
Est. ROI             10% w/ 50k Equity

Property Details

Rehab Level: Moderate
Construction: Wood frame / Siding
Electrical Panel: Updated
Air Conditioner: Updated
Water Heater: Updated
Roof: Poor Condition
Occupancy: Vacant


Click Link For 3D Walk-Through

https://my.matterport.com/show/?m=W39pBwMTomR


*Do not disturb occupants or walk on property. Trespassing is a criminal offense.
***DO NOT re-market this property under any circumstance without consent. Tru REI LLC is a principle in all assets that we market for sale and will vigorously defend our position in a court of law.*** All information and estimates are provided as a courtesy and should be confirmed by the Buyer. Tru REI and its associates are not liable for the accuracy of the information.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Brittaney Perez

No reviews

Disposition manager