–3/2 West Park Flip with Decent Landscaping–
—Great Neighborhood for a Low Budget Flip—
$167,500 OBOReduced to $160,000
- As-Is Value is: $190,000
- After Repaired Value is: $250,000
- Rehab budget is: $35,000
- Average Rent in the area is: $1,634
- Rental Cap Rate after rehab: 9.17% (owner pays taxes/tenant pays utilities)
- No HOA
Been doing the roof in stages over past 15 years but with a friend who’s a roofer, no permits. no roof leaks that I can see. built out the porch area without permits too but it looks legit. FL room in back is split, half living room, half large laundry room (could be 2nd bath).
missing a lot of trim and door frames, needs drywall in some places, just has 2×4 frames put up. AC is working but looks older, didn’t see AC handler. fenced in yard, big concrete driveway, storage shed with electricity in back. all windows are from 90s and have accordion hurricane shutters.
nice appeal from the front yard, fenced in front with gate to driveway. empty lot next door.
rehab: 35,000 (35-40k if a full second bath was added)
work needed: kitchen, bath, paint, roof, flooring, trim, door frames, drywall, AC
Text ‘SUNSHINE’ to 484848 to receive wholesale deals via text message
Please note all properties are sold to cash investors only
(cash, hard money or Private Money Loans only no mortgages)
Please note all offers must be with zero contingencies (no inspection period or any contingencies)
Realtors – please add your commission to our price!
Please inspect the property prior to submitting your offer.
All properties are sold “As Is”. Your offer will be considered accepted and the property will be marked “sold” only when we have:
- A signed and executed purchase and sales contract
- A deposit from you at our title company Independence Title (wire only no checks)
Please note that most of our properties sell at or above asking price
We get multiple offers on our wholesale deals often within a few hours of sending out our email blast. Low ball offers will be automatically rejected.
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Cash Purchase Only. Buyer to pay all buyer and seller closing costs. Closing to be conducted by Independence Title.
Please do not disturb occupants. All showings, if available, to be coordinated by Sunshine State Investment Properties.