Apopka Block Flip

Apopka Block Flip

4 bed 2 bath 1008 sq ft Built in 1958 Single Family
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59
Quality of Comparables
Low High
10 /20
Level of Rehab
Heavy Light
10/20
Location of Neighborhood
Far Close
11/20
Quality of Floor Plan
Choppy Flowing
17/20
School Rating
F A
5/10
Placement in Neighborhood
Busy Calm
6/10
Property Details

Presenting a block construction, 4-bedroom, 2-bathroom home nestled on a spacious 1/3 acre lot, with no HOA, in a growing area. Apopka is said to be the second fastest-growing city in the tri-county area of Orange, Osceola, and Seminole Counties. With big projects, infrastructure, and planning on the way, Apopka is in active growth mode. Now is the time to secure a fix-and-flip or a long-term rental.  Either way, this solid home has strong potential for returns.

The interior will require a full rehab. We suggest replacing the flooring, updating the kitchen and both bathrooms, applying a fresh coat of interior and exterior paint and bringing this beauty back to life. The well has recently been replaced, as well as serviced. With an open and functional layout, this is a solid investment.

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We recommend flip
Rental Income
$2,150 mo. / $25,800 yr.
Estimated Taxes
$3,095 / yr.
Maintenance
$250 / yr.
HOA Dues
$0 / yr.
$17,875
Projected Income
7.95%
Estimated APY
$40,600
Projected Income
15.65%
Estimated ROI

Comps

 
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