Cocoa Pool Flip

Cocoa Pool Flip

4 bed 2 bath 3548 sq ft Built in 1981 Single Family
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73
Quality of Comparables
Low High
17 /20
Level of Rehab
Heavy Light
14/20
Location of Neighborhood
Far Close
15/20
Quality of Floor Plan
Choppy Flowing
15/20
School Rating
F A
5/10
Placement in Neighborhood
Busy Calm
7/10
Property Details

Here's an opportunity with a big return in Cocoa, Brevard County. It's being sold for $30,000 under assessed value. This house is a 3548-square-foot, 4-bedroom, 2-bathroom home with a pool on an acre of land. 

We recommend a complete cosmetic overhaul including upgrading the kitchen, bathrooms, LVP flooring, paint, and light fixtures. The electrical and plumbing are original to the home, so we have the cost for upgrading them included in the rehab budget. The roof is from 2020, and the A/C is from 2021. 

With the market moving fast and demand for homes increasing, this property is an ideal fix-and-flip . With the right updates, it could yield substantial returns, making it a smart addition to your portfolio. Don't miss out on this rare investment opportunity. Contact your EquityPro Advisor today.

 

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We recommend flip
Rent Flip
Rental Income
$2,400 mo. / $28,800 yr.
Investor Price
$395,000
Closing Costs to Buy
$8,500
Rehab Projection
$78,700
Utilities
$500
Property Insurance
$1,500 / yr.
Estimated Taxes
$2,900 / yr.
Property Management
$2,880 / yr.
Maintenance
$800 / yr.
HOA Dues
$0 / yr.
$20,720
Projected Income
4.29%
Estimated APY
After Repair Value
$600,000
Investor Price
$395,000
Closing Costs to Buy
$8,500
Rehab Projection
$81,998
Utilities
$500
Closing Costs to Sell
$27,000
$87,002
Projected Income
16.96%
Estimated ROI

Comps

 
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