South Saint Pete Easy Flip

South Saint Pete Easy Flip

2 bed 1 bath 717 sq ft Built in 1930 Single Family
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75
Quality of Comparables
Low High
14 /20
Level of Rehab
Heavy Light
14/20
Location of Neighborhood
Far Close
18/20
Quality of Floor Plan
Choppy Flowing
12/20
School Rating
F A
7/10
Placement in Neighborhood
Busy Calm
10/10
Property Details

Here is a cute south St Pete bungalow.  This property is close to beaches and everything St. Pete has to offer.  This flip will be great for any investor level.  We recommend cosmetic renovation and replacing the roof, to bring it back to its desirable St.Pete bungalow charm.  Opportunities like this one don't come around often so contact your EquityPro advisor today.

Walk-through video: https://www.icloud.com/photos/#050BcpQHrl6M54J5kvHf4fWHA

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We recommend flip
Rent Flip
Rental Income
$1,600 mo. / $19,200 yr.
Investor Price
$165,000
Closing Costs to Buy
$3,000
Rehab Projection
$5,000
Utilities
$500
Property Insurance
$1,000 / yr.
Estimated Taxes
$1,300 / yr.
Property Management
$1,920 / yr.
Maintenance
$500 / yr.
HOA Dues
$0 / yr.
$14,480
Projected Income
8.35%
Estimated APY
After Repair Value
$249,900
Investor Price
$165,000
Closing Costs to Buy
$3,000
Rehab Projection
$28,450
Utilities
$500
Closing Costs to Sell
$11,250
$41,700
Projected Income
20.03%
Estimated ROI

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