14.6% ROI Rental or Flip!

IMG_4939Solid block 3 bedroom house in a very quiet neighborhood in Titusville is in need of a facelift.

Needs: Roof, Kitchen, Bath, Paint in & out, doors (interior and exterior) total: $17,000-20K

This is one of those properties that fit all the criteria …you could either fix it and flip and make a bunch of money…or you could fix it some…rent it out and get a great return..nearly 15% ROI

I feel its a very easy fix, the biggest expense appears to be the roof. which I budgeted in at around $5K . other than that you are looking at terrazzo floors throughout that appear to be in phenomenal condition. The kitchen will need to be updated, new plumbing and redo the bathroom and other misc items and of course paint in and out.

This should be a very easy rehab and flip or hold for a great rental return…rents in the area for this size home are in the $900 – $1000 a month range.

Purchase price $43,000 + Rehab $17,000 + Closing Costs $1,500 = Total Investment $61,500

After Repaired Value $90,000


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Call Scott 407-588-7355