Beverly Hills Fire Damaged Flip

Beverly Hills Fire Damaged Flip

2 bed 1 bath 882 sq ft Built in 1963
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64
Quality of Comparables
Low High
19 /20
Level of Rehab
Heavy Light
4/20
Location of Neighborhood
Far Close
15/20
Quality of Floor Plan
Choppy Flowing
14/20
School Rating
F A
4/10
Placement in Neighborhood
Busy Calm
8/10
Property Details

Take a look at your next high-return project in Beverly Hills, FL. This 2-bedroom, 1-bathroom, fire-damaged home is looking for a complete turnaround. The home had a fire in the master bedroom, but the bones of the home are still in great shape. The sheetrock on the ceilings has broken down and fallen through, but this is due to the water pressure from the fire hose. 

We recommend a full rehab inside and out. Based on our analysis, two-bedroom homes in the area are selling anywhere from $170,000 – $190,000, in as-is to updated condition. As a rental, after the appropriate rehab, we expect a monthly rent of $1,500 per month, which exceeds the 1% rule. For more information, contact your EquityPro Advisor today. 

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We recommend flip
Rental Income
$1,500 mo. / $18,000 yr.
Estimated Taxes
$2,000 / yr.
Maintenance
$500 / yr.
HOA Dues
$0 / yr.
$12,200
Projected Income
13.86%
Estimated APY
$60,650
Projected Income
53.04%
Estimated ROI

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