Keystone Heights Flip

Keystone Heights Flip

3 bed 2 bath 960 sq ft Built in 1988 Manufactured Home
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76
Quality of Comparables
Low High
15 /20
Level of Rehab
Heavy Light
14/20
Location of Neighborhood
Far Close
16/20
Quality of Floor Plan
Choppy Flowing
15/20
School Rating
F A
8/10
Placement in Neighborhood
Busy Calm
8/10
Property Details

This three-bedroom, two-bathroom double-wide is located just off of HWY 100 on a paved road and just minutes away from Lake Geneva and the YMCA Camp Immokalee.  The house sits on just under a half-acre fenced lot.  The AC and drain field were replaced in the last three years, and the home has a recently installed metal roof.  It is currently occupied by a month-to-month tenant paying $700 a month.  We are suggesting either signing the current tenants to a new lease at market rent, which is between $1000-$1100 a month, or giving notice and doing some minor cosmetic updates so that you can get a new tenant at market rent.  Homes at this price with this much equity are hard to find these days so call your EquityPro Advisor today. 

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We recommend flip
Rental Income
$1,100 mo. / $13,200 yr.
Maintenance
$500 / yr.
HOA Dues
$0 / yr.
$9,580
Projected Income
13.12%
Estimated APY
$32,175
Projected Income
34.66%
Estimated ROI

Comps

 
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Sold

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