West Orlando Light Flip

West Orlando Light Flip

3 bed 1 bath 1135 sq ft Built in 1955 Single Family
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66
Quality of Comparables
Low High
15 /20
Level of Rehab
Heavy Light
14/20
Location of Neighborhood
Far Close
14/20
Quality of Floor Plan
Choppy Flowing
13/20
School Rating
F A
4/10
Placement in Neighborhood
Busy Calm
6/10
Property Details

Check out this Pine Hills opportunity for under $200,000. This concrete-block home boasts 3 bedrooms and 1 bathroom with additional space to add another bathroom. Currently, the home is tenant-occupied, month-to-month, at a $1,500 rental rate. However, subsidized rental rates are as high as $2,000. This increase in the rental rate also creates an investment strategy for a buy and hold.  

Comparables in the area are estimated at an after-repair value of $270,000. To achieve such value, the property will need extensive renovation, including the roof, HVAC, kitchen, and bathroom. Whether you are looking to earn a passive income or quick flip profit, don't miss out on this light flip opportunity. For more information, contact your EquityPro Advisor. 

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We recommend flip
Rental Income
$2,000 mo. / $24,000 yr.
Estimated Taxes
$1,879 / yr.
Maintenance
$750 / yr.
HOA Dues
$0 / yr.
$17,471
Projected Income
8.93%
Estimated APY
$30,700
Projected Income
12.83%
Estimated ROI

Comps

 
Listed
 
Pending
 
Sold

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