Orlando Half Duplex

Orlando Half Duplex

3 bed / 2 bath 1375 sq ft Built in 1983 Single Family

Here's another successful Orlando flip! Our investor purchased this Rosemont area villa for $99,900. He completed a full cosmetic update inside this 3/2 home to modernize its look. Additionally, he updated the outside with new paint, cleaned up the yard and added some new landscaping. The total cost of the renovation was $22,000.  He had an additional $9,640 in other expenses, including commissions, closing costs, etc. Our projected ARV was a conservative $150,000. After being on the market for only 4 days at $169,900, the property received multiple offers and sold for $177,000 generating a net profit of $45,460. Congratulations on a terrific job!

Financial details
Investor price $99,900
Rehab costs $22,000
Other expenses $9,640
Days on the market 4
Sold price $177,000
$45,460
Profit
34.56%
ROI