Daytona Beach Flip - Solid ROI | EquityPro
78
24.69% Estimated ROI
$59,900 Investor Price
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91 Ben Yonge
104 Bob Tosi
230 Brandon Jenkins
198 Cesar Sagastume
228 Chris Chuck
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

Daytona Beach Flip - Solid ROI

4 bed / 2 bath1,520 sq ft Built in 1957Single Family
View Map Rosella Park
357 S Seneca Blvd, Daytona Beach 32114
78
Quality of Comparables
Low High
18/20
Level of Rehab
Heavy Light
10/20
Location of Neighborhood
Far Close
18/20
Quality of Floor Plan
Choppy Flowing
16/20
School Rating
F A
8/10
Placement in Neighborhood
Busy Calm
8/10
Property Details

This property is located in a well maintained neighborhood close to the speedway, shopping, schools, and the beach. The property will need a complete rehab to bring it to its full market potential. This block home consists of 4 bedrooms and 2 bathrooms with 1,520 square feet of living space. It also has a garage and a finished enclosed porch. The comps for this area are very strong with two active properties that are much smaller in size selling for $149,900 and $166,000 respectively. The sold comps in the neighborhood have an average square foot sold price of $101 which would place the ARV for this property at $153,900. When was the last time you have seen a flip priced at 40% of repaired value? It will go fast so contact your EquityPro Advisor today!

We recommend flip
Rental Income
$1,100 mo. / $13,200 yr.
Investor Price
$59,900
Closing Costs to Buy
$3,000
Rehab Projection
$38,400
Utilities
$500
Property Insurance
$1,000 / yr.
Estimated Taxes
$775 / yr.
Property Management
$1,320 / yr.
Maintenance
$500 / yr.
HOA Dues
$0 / yr.
$9,605
Projected Income
9.44%
Estimated APY
After Repair Value
$150,000
Investor Price
$59,900
Closing Costs to Buy
$3,000
Rehab Projection
$49,400
Utilities
$500
Closing Costs to Sell
$3,000
Listing Agent Commission
$4,500
$29,700
Total Projected Profit
24.69%
Estimated ROI

Comps

Listed
Pending
Sold
327 S Seneca Blvd, Daytona Beach, FL 32114 $145,000
3 bed / 2 bath 1,055 sq ft Sold 11/03/16
1121 Magnolia Ave, Daytona Beach, FL 32114 $143,000
4 bed / 2 bath 1,811 sq ft Sold 12/02/16
1169 Cordova Ave, Daytona Beach, FL 32114 $123,000
3 bed / 2 bath 1,452 sq ft Sold 04/05/17
551 Tarragona Way, Daytona Beach, FL 32114 $128,000
3 bed / 1.5 bath 1,205 sq ft Sold 03/03/17
506 S Seneca Blvd, Daytona Beach, FL 32114 $149,900
2 bed / 1 bath 1,027 sq ft
208 S Seneca Boulevard, Daytona Beach, FL 32114 $166,000
3 bed / 2 bath 1,268 sq ft
Flip Rehab Details
Grounds
Other
$2,500.00
Landscaping
Tree Trimming
$1,500.00
Driveway/Patio
$250.00
Exterior
Exterior Paint
$1,500.00
Roof
$9,000.00
Windows / Screens
$3,000.00
Exterior doors
$500.00
Other
$500.00
Dumpster Rental
Other
$500.00
Miscellaneous
Systems
Inside Air Handler
$3,000.00
Outside Air Condensor
$3,000.00
Interior
Interior paint
$1,500.00
Carpet
$2,000.00
Tile flooring
$5,000.00
Drywall preparation
$1,500.00
Window coverings
$750.00
Kitchen cabinets
$4,000.00
Kitchen countertops
$3,500.00
Bathroom vanity
$1,000.00
Bathroom countertops
$1,500.00
Kitchen appliances
$1,500.00
Light fixtures/Outlets
$1,000.00
Other
$500.00
Miscellaneous
Other
$250.00
Cleaning
Other
$150.00
Pest Control
Rent Rehab Details
Grounds
Other
$3,000.00
Landscaping
Exterior
Roof
$9,000.00
Exterior Paint
$1,500.00
Exterior doors
$500.00
Other
$500.00
Dumpster REntal
Systems
Inside Air Handler
$3,000.00
Outside Air Condensor
$3,000.00
Interior
Interior paint
$1,500.00
Carpet
$2,000.00
Tile flooring
$4,000.00
Kitchen cabinets
$3,000.00
Kitchen countertops
$2,500.00
Bathroom vanity
$1,000.00
Bathroom countertops
$1,500.00
Kitchen appliances
$1,500.00
Light fixtures/Outlets
$750.00
Other
$150.00
Pest Control