$40k Profit - Block Flip

Volusia County, Daytona Beach, FL, 32114
Sold
Listed at: June 19th, 2023
Price
$105,000
ARV
$180,000
Gross Margin
$75,000
Sq. Footage
904
Type
Single-Family
Parking
Driveway
Year build
1940
Lot size
5000.00 sqft
Bedrooms
2
Bathrooms
1
Half Bathrooms
0
Summary
We have a direct contract with the seller and a NOI has been recorded against the title for this property. Contacting the seller directly will not result in you obtaining a purchase contract. It will however result in a lawsuit. Our attorney is on notice.


Investor Price $ 105,000

Retail Value ....$180,000

Gross Margin .$ 75,000

Estimated Value

Est. Value Range High: $185,000
Est. Value Range Low: $165,000
Est. Rent Per Month: $1,300

Property Details

Rehab Level: Moderate
Construction: Block slab
Electrical Panel: Fair Condition
Air Conditioner: Fair Condition
Water Heater: Fair Condition
Roof: Fair Condition - leak free
Occupancy: Tenant Occupied month to month

Comps

232 North Keech St - 3 / 1 / 1,048 sqft - SOLD $158,000
244 Jefferson St - 3 / 1.5 / 820 sqft - SOLD $198,000
510 Arthur Ave - 3 / 2 / 864 sqft - SOLD $165,000


*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

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