Winter Park Near Park Ave

Winter Park Near Park Ave

2 bed 1 bath 754 sq ft Built in 1950 Single Family
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65
Quality of Comparables
Low High
15 /20
Level of Rehab
Heavy Light
8/20
Location of Neighborhood
Far Close
17/20
Quality of Floor Plan
Choppy Flowing
15/20
School Rating
F A
6/10
Placement in Neighborhood
Busy Calm
4/10
Property Details

This home is right in the heart of Winter Park, a prime location within walking distance of the golf course, Park Avenue, and the Village. Weekends will be filled with opportunities to go shopping, dining, and enjoy entertainment. Plus, for any train enthusiast, this house is in prime sight of the railroad, featuring Amtrak, SunRail, and more.

Architectural plans are provided for enclosing the carport and converting it into a 3-bedroom, 2-bathroom home with 969 square feet. This option will require a significant amount of rehab and a full remodel. The roof is approximately 9 – 10 years old and is in good shape, which helps offset your renovation budget for this project.

This home presents a great opportunity to hold as a rental or for capital gain once completed, as it will provide a fantastic location for someone who loves the vibrant community of Winter Park and all it has to offer. This offer won't last long. Call your EquityPro Advisor today.

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We recommend flip
Rent Flip
Rental Income
$2,100 mo. / $25,200 yr.
Investor Price
$299,900
Closing Costs to Buy
$5,500
Rehab Projection
$10,000
Utilities
$250
Property Insurance
$2,000 / yr.
Estimated Taxes
$4,500 / yr.
Property Management
$2,500 / yr.
Maintenance
$300 / yr.
HOA Dues
$0 / yr.
$15,900
Projected Income
5.04%
Estimated APY
After Repair Value
$475,000
Investor Price
$299,900
Closing Costs to Buy
$5,500
Rehab Projection
$70,000
Utilities
$250
Closing Costs to Sell
$21,375
$77,975
Projected Income
19.64%
Estimated ROI

Comps

 
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