Citrus County Block Home | EquityPro
65
13.77% Estimated APY
$45,500 Investor Price
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91 Ben Yonge
104 Bob Tosi
230 Brandon Jenkins
198 Cesar Sagastume
228 Chris Chuck
272 Daniel Gonzalez
199 David Sheehan
105 Jason Bobbitt
211 Jeremy Howells
107 John Barber
203 Jonathan Rokh
196 Josh Black
208 Mike McKernan
218 Rene Droz
179 Rusty Longaberger
223 Ryan Akers
210 Shakira Thompson
227 Shaun Rourke
260 Zachary Faulk

Citrus County Block Home

3 bed / 2 bath1,153 sq ft Built in 1970Single Family
View Map Inverness Highlands South and West
735 Sinclair Terrace Inverness, FL 34450
65
Occupancy Status
Low High
5/20
Level of Rehab
Heavy Light
15/20
Location of Neighborhood
Far Close
16/20
Quality of Floor Plan
Choppy Flowing
15/20
School Rating
F A
6/10
Placement in Neighborhood
Busy Calm
8/10
Property Details

You are looking at a solid 3 bedroom, 2 bathroom, concrete block home with a large fenced back yard. This property was recently rented at $950 per month. It also features a a newer Trane A/C system. Inverness has strong resale activity and a prime rental market. Contact your EquityPro Advisor to secure your next investment!

We recommend rent
Rental Income
$950 mo. / $11,400 yr.
Investor Price
$45,500
Closing Costs to Buy
$2,550
Rehab Projection
$10,200
Utilities
$300
Property Insurance
$1,000 / yr.
Estimated Taxes
$818 / yr.
Property Management
$1,020 / yr.
Maintenance
$500 / yr.
HOA Dues
$0 / yr.
$8,062
Projected Income
13.77%
Estimated APY
After Repair Value
$77,000
Investor Price
$45,500
Closing Costs to Buy
$2,550
Rehab Projection
$20,500
Utilities
$300
Closing Costs to Sell
$2,850
Listing Agent Commission
$2,310
$2,990
Total Projected Profit
4.04%
Estimated ROI

Comps

Listed
Pending
Sold
1505 LAKEVIEW DRIVE , Inverness, FL 34450 $85,000
2 bed / 2 bath 1,052 sq ft
915 STETSON TERRACE , Inverness, FL 34450 $79,719
2 bed / 2 bath 1,346 sq ft Sold 01/20/17
715 SHELLY TERRACE , Inverness, FL 34450 $72,000
3 bed / 2 bath 1,442 sq ft Sold 10/03/16
Flip Rehab Details
Grounds
Lawn/Mulch beds
$300.00
Trash removal
$200.00
Exterior
Exterior Paint
$2,000.00
Stucco repair
$300.00
Windows / Screens
$1,200.00
Garage doors
$1,700.00
Gutters/downspouts
$300.00
Other
$1,200.00
Systems
Other
$500.00
Interior
Drywall preparation
$1,000.00
Tile flooring
$3,800.00
Kitchen cabinets
$3,000.00
Kitchen countertops
$2,500.00
Bathroom vanity
$1,000.00
Miscellaneous hardware
$1,500.00
Rent Rehab Details
Grounds
Lawn/Mulch beds
$300.00
Trash removal
$200.00
Other
$300.00
Pressure Wash
Exterior
Exterior Paint
$1,800.00
Interior
Tile flooring
$3,200.00
Kitchen countertops
$1,700.00
Bathroom countertops
$1,100.00
Light fixtures/Outlets
$600.00
Miscellaneous hardware
$1,000.00