Prime Glen St Mary Flip

Prime Glen St Mary Flip

3 bed 2 bath 1181 sq ft Built in 1950 Single Family
Login or register to unlock this property’s address.
66
Quality of Comparables
Low High
14 /20
Level of Rehab
Heavy Light
10/20
Location of Neighborhood
Far Close
16/20
Quality of Floor Plan
Choppy Flowing
15/20
School Rating
F A
4/10
Placement in Neighborhood
Busy Calm
7/10
Property Details

This 3-bedroom, 2-bathroom, 1,181-square-foot house presents an investor with an amazing opportunity for a high-yield flip. Located in Glen St Mary, about thirty minutes west of Jacksonville, this home has already been gutted and had the A/C ducts and units replaced, new electric wire and panels installed, and updated plumbing. The metal roof is from 2016. This means all an investor needs to do is install drywall, LVT flooring, kitchen cabinets and counter tops, and finish the bathrooms. 

We estimate once the updates are finished, this home can sell for around $200 per square foot, which is about $235,000. This will yield almost a 35% ROI, or just over $60,000 in profit. This home could also be held as a rental with equity. We believe this home can be rented for around $1,600 per month, which is a 9% APY. 

Homes with this type of return tend to go quickly. Contact your EquityPro Advisor today.  

Ask about this property
Log in/Register to ask about this property.

We recommend flip
Rent Flip
Rental Income
$1,600 mo. / $19,200 yr.
Investor Price
$95,000
Closing Costs to Buy
$3,000
Rehab Projection
$60,000
Utilities
$500
Property Insurance
$1,200 / yr.
Estimated Taxes
$1,200 / yr.
Property Management
$1,920 / yr.
Maintenance
$600 / yr.
HOA Dues
/ yr.
$14,280
Projected Income
9.01%
Estimated APY
After Repair Value
$235,000
Investor Price
$95,000
Closing Costs to Buy
$3,000
Rehab Projection
$65,600
Utilities
$500
Closing Costs to Sell
$10,575
$60,325
Projected Income
34.54%
Estimated ROI

Comps

 
Listed
 
Pending
 
Sold

Unlock this property’s comps.