Ideal Block Sanford Flip

Ideal Block Sanford Flip

3 bed 2 bath 1206 sq ft Built in 1972 Single Family
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72
Quality of Comparables
Low High
17 /20
Level of Rehab
Heavy Light
13/20
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

Here is a great low-price-point flip opportunity in Sanford. This is a 3-bedroom, 2-bath block home situated on a cul-de-sac in a centrally located area close to Downtown Sanford, the Sanford Airport, and Highway 17-92.

The property is in need of a full interior and exterior renovation. To bring the home to market-ready condition, we recommend new flooring throughout, kitchen and bathroom remodels, window repairs, removal of the siding with stucco and exterior paint updates, and a new roof installation. The home does feature a newer A/C system that appears to be serviceable.

With strong comparable sales and continued affordability in the area, this property has solid upside potential and could truly stand out once renovated properly.

Don’t miss this opportunity, contact your EquityPro Advisor today for additional details!

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We recommend flip
Rent Flip
Rental Income
$1,750 mo. / $21,000 yr.
Investor Price
$187,500
Closing Costs to Buy
$5,000
Rehab Projection
$41,150
Utilities
$250
Property Insurance
$1,200 / yr.
Estimated Taxes
$2,733 / yr.
Property Management
$2,100 / yr.
Maintenance
$500 / yr.
HOA Dues
$0 / yr.
$14,467
Projected Income
6.19%
Estimated APY
After Repair Value
$300,000
Investor Price
$187,500
Closing Costs to Buy
$5,000
Rehab Projection
$54,650
Utilities
$250
Closing Costs to Sell
$13,500
$39,100
Projected Income
14.99%
Estimated ROI

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