Stellar New Smyrna Flip

Stellar New Smyrna Flip

3 bed 2 bath 1482 sq ft Built in 1982 Single Family
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73
Quality of Comparables
Low High
14 /20
Level of Rehab
Heavy Light
13/20
Location of Neighborhood
Far Close
16/20
Quality of Floor Plan
Choppy Flowing
18/20
School Rating
F A
5/10
Placement in Neighborhood
Busy Calm
7/10
Property Details

Presenting a stellar flip opportunity in New Smyrna Beach, Volusia County. This home offers 3 bedrooms and 2 bathrooms with 1482 square feet of living space and sits on 1.25 acres of land. 

All the major items are in great condition, including the roof, A/C system, electrical panel, appliances, and garage door opener. The bottom half of the drywall needs to be refurbished, new LVP flooring, baseboards, the bottom half of kitchen cabinets, bathroom vanities, and a fresh coat of paint.

Houses with this lot size and at this price point are rare. Reach out to your EquityPro Advisor so you don't miss this opportunity. Call today.  

 

 

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We recommend flip
Rent Flip
Rental Income
$2,100 mo. / $25,200 yr.
Investor Price
$295,000
Closing Costs to Buy
$6,000
Rehab Projection
$40,000
Utilities
$500
Property Insurance
$1,800 / yr.
Estimated Taxes
$4,000 / yr.
Property Management
$2,520 / yr.
Maintenance
$700 / yr.
HOA Dues
$0 / yr.
$16,180
Projected Income
4.74%
Estimated APY
After Repair Value
$450,000
Investor Price
$295,000
Closing Costs to Buy
$6,000
Rehab Projection
$40,500
Utilities
$500
Closing Costs to Sell
$20,250
$87,750
Projected Income
24.22%
Estimated ROI

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