Hawthorne Mobile Home Flip

Hawthorne Mobile Home Flip

3 bed 2 bath 1152 sq ft Built in 1992 Manufactured Home
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68
Quality of Comparables
Low High
15 /20
Level of Rehab
Heavy Light
15/20
Location of Neighborhood
Far Close
14/20
Quality of Floor Plan
Choppy Flowing
15/20
School Rating
F A
3/10
Placement in Neighborhood
Busy Calm
6/10
Property Details

Located just off State Road 20 in Hawthorne is this 1,152 square foot three-bedroom, two-bathroom mobile home.  The home is currently rented to long-term tenants at below-market rent.  Current tenants are on a month-to-month lease paying $600 per month.  We suggest giving the tenants notice to vacate and then completing a light rehab to bring this mobile home to its maximum resale value.  With strong comps and limited inventory, this one should sell quickly.  Call your EquityPro Advisor today for more information.

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We recommend flip
Rental Income
$1,100 mo. / $13,200 yr.
Estimated Taxes
$1,100 / yr.
Maintenance
$500 / yr.
HOA Dues
$0 / yr.
$9,280
Projected Income
11.33%
Estimated APY
$32,475
Projected Income
35.10%
Estimated ROI

Comps

 
Listed
 
Pending
 
Sold

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