Flip in Fruitland Park

Flip in Fruitland Park

3 bed 2 bath 1793 sq ft Built in 1978 Single Family
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74
Quality of Comparables
Low High
17 /20
Level of Rehab
Heavy Light
15/20
Location of Neighborhood
Far Close
15/20
Quality of Floor Plan
Choppy Flowing
15/20
School Rating
F A
4/10
Placement in Neighborhood
Busy Calm
8/10
Property Details

Located in Fruitland Park, this solid block flip offers a great opportunity to step into a partially completed renovation. This 3-bedroom, 2-bath home has already seen several key updates and is ready for an investor to finish it out and bring it to market.

Currently priced $35,000 below county assessed value, this property presents strong upside potential.

Major improvements have already been completed, including updates to the kitchen, bathrooms, and portions of the flooring. The remaining work primarily consists of finishing touches and completing the renovation, making this an ideal project for a quick turnaround ahead of the spring market.

Conveniently located near Highway 441 with easy access to shopping, dining, and local amenities, this property sits in a desirable and central Lake County location.

Contact your EquityPro Advisor today for additional details or to schedule a walkthrough.

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We recommend flip
Rent Flip
Rental Income
$1,900 mo. / $22,800 yr.
Investor Price
$174,500
Closing Costs to Buy
$6,000
Rehab Projection
$10,900
Utilities
$500
Property Insurance
$1,500 / yr.
Estimated Taxes
$1,102 / yr.
Property Management
$2,280 / yr.
Maintenance
$500 / yr.
HOA Dues
$0 / yr.
$17,418
Projected Income
9.08%
Estimated APY
After Repair Value
$295,000
Investor Price
$174,500
Closing Costs to Buy
$6,000
Rehab Projection
$41,100
Utilities
$500
Closing Costs to Sell
$13,000
$59,900
Projected Income
25.48%
Estimated ROI

Comps

 
Listed
 
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Sold

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