New Port Richey Block Flip

New Port Richey Block Flip

2 bed 2 bath 1604 sq ft Built in 1975 Single Family
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68
Quality of Comparables
Low High
15 /20
Level of Rehab
Heavy Light
12/20
Location of Neighborhood
Far Close
14/20
Quality of Floor Plan
Choppy Flowing
15/20
School Rating
F A
4/10
Placement in Neighborhood
Busy Calm
8/10
Property Details

Here's a great opportunity for a solid flip on half an acre. The roof is in good shape and only eight years old, the A/C is three years old, and the electric panel is only a few years old. We recommend new flooring, kitchen, and bathrooms, as well as cleaning up the landscaping to create curb appeal. 

We stayed conservative on our ARV, with smaller and older comps on the same street selling for $350,000. In 2010 there was a completed stabilization/remediation on the property, so we've accounted for that in our ARV. Call your EquityPro Advisor for more information today.

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We recommend flip
Rental Income
$2,000 mo. / $24,000 yr.
Estimated Taxes
$2,846 / yr.
Maintenance
$350 / yr.
HOA Dues
$0 / yr.
$16,404
Projected Income
6.32%
Estimated APY
$52,200
Projected Income
19.13%
Estimated ROI

Comps

 
Listed
 
Pending
 
Sold

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