Casselberry Flip $47K Profit

Casselberry Flip $47K Profit

3 bed 2 bath 1151 sq ft Built in 1979 Manufactured Home
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72
Quality of Comparables
Low High
17 /20
Level of Rehab
Heavy Light
10/20
Location of Neighborhood
Far Close
17/20
Quality of Floor Plan
Choppy Flowing
13/20
School Rating
F A
7/10
Placement in Neighborhood
Busy Calm
8/10
Property Details

Presenting the least expensive property — by $60,000 — in the 32707 zip code of Casselberry. Over the last 225 days, only six mobile homes have either gone pending or sold. Note that there is no lot rent or HOA. The land comes with the purchase, and it’s on public sewer and public water. The mobile home is a 3/2, with 1,151 square feet, and built in 1979. The location is prime with Winter Park, Longwood, and Altamonte all close by. 

As a buy-and-hold, once rehab is completed, start collecting a top-level return on investment that comes with over $40,000 in equity. Similar properties rent from $1,800 – $2,000 per month.

If flipping, there are two MLS comps providing a solid relist price point. Adjustments have been made for the square footage. We are being conservative in the after-repair value (ARV). 

We recommend replacing the flooring, kitchen, bathrooms, and interior/exterior paint. See below for the detailed rehab projection.

Act now. Contact your EquityPro Advisor today to secure this investment opportunity.

 

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We recommend flip
Rental Income
$1,800 mo. / $21,600 yr.
Maintenance
$0 / yr.
HOA Dues
$0 / yr.
$17,983
Projected Income
9.81%
Estimated APY
$47,025
Projected Income
24.37%
Estimated ROI

Comps

 
Listed
 
Pending
 
Sold

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