Edgewater Flip w/ Fire Damage

Edgewater Flip w/ Fire Damage

3 bed 2 bath 1254 sq ft Built in 1962 Single Family
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73
Quality of Comparables
Low High
15 /20
Level of Rehab
Heavy Light
10/20
Location of Neighborhood
Far Close
17/20
Quality of Floor Plan
Choppy Flowing
17/20
School Rating
F A
7/10
Placement in Neighborhood
Busy Calm
7/10
Property Details

Here is the cheapest single-family home in the entire zip code of 32141 and in all of Volsuia County. This price point is rare. The property sits in a prime location five-minutes from Interstate 95 and all major highways. Conveniences like grocery stores, gas stations, and banks are nearby. 

This 3-bedroom, 2-bathroom, 2-carport home comes with storage and an open floor plan providing a great space for family events once fully renovated. It's on a quarter-acre (0.22) corner lot. On top of that, 10 minutes away, is one of Central Florida's most desirable beaches — New Smyrna Beach.

Please review the recommended breakdown of rehab in detail. A complete renovation will be required. There is fire damage to the back bedroom where most of the damage was done. The budget costs were calculated with a lot of room. Request the Google video from your advisor and then go view this property. 

Contact your EquityPro Advisor today to secure this investment opportunity. 

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We recommend flip
Rental Income
$1,900 mo. / $22,800 yr.
Estimated Taxes
$2,900 / yr.
Maintenance
$350 / yr.
HOA Dues
$0 / yr.
$16,034
Projected Income
7.00%
Estimated APY
$43,100
Projected Income
17.46%
Estimated ROI

Comps

 
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