Waterfront Flip in Land O Lakes

Waterfront Flip in Land O Lakes

3 bed 2.5 bath 1398 sq ft Built in 1968 Single Family
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77
Quality of Comparables
Low High
11 /20
Level of Rehab
Heavy Light
16/20
Location of Neighborhood
Far Close
17/20
Quality of Floor Plan
Choppy Flowing
16/20
School Rating
F A
9/10
Placement in Neighborhood
Busy Calm
8/10
Property Details

Situated on a three-block canal system that connects the property to two lakes, makes this single-family block home a one of a kind flip for its next investor. This waterfront property sits on a corner lot with over a quarter acre of land. It features three bedrooms and two and a half bathrooms, with a carport and fireplace. The roof, AC, and many of the windows were replaced within the last year. With a very well-done cosmetic rehab, this property's ARV will soar! We recommend updates to the floors, kitchen, bathrooms, a fresh coat of paint, and some landscaping to increase curb appeal. With smaller homes in the neighborhood selling for over $280 per square foot, this project is bound to generate a solid return. Waterfront homes tend to go quick so contact your EquityPro advisor today!

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We recommend flip
Rental Income
$1,675 mo. / $20,100 yr.
Maintenance
$500 / yr.
HOA Dues
$0 / yr.
$15,306
Projected Income
5.91%
Estimated APY
$61,625
Projected Income
20.65%
Estimated ROI

Comps

 
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