New Investment Property In East Orlando

November 25, 2009 by · Leave a Comment 

Check out this great rental or flip in East Orlando. This home has 4 bedrooms, 2 bathrooms and over 1400 sqft. It would take under $5,000 to get this home rental ready and under $20,000 to flip it.

COMPARABLES
– 959 Park Manor dr, 4/2, 1338sqft, sold $140,000 on 10/26/2009
– 10598 Jane eyre dr, 4/2,1619sqft, sold $140,000 11/13/2009
– 900 Wages way, 3/2, 1304sqft, sold $143,000 on 7/10/2009
– 755 Bernice ct, 4/2, 1711sqft, sold $142,000 on 8/27/2009
– 10421 Westley way, 4/2,1845sqft, sold $132,500 on 11/13/2009

PROPERTY REPAIRS FOR FLIP
– Kitchen ($5,000)
-Master bath ($1,500)
-Bath 2 ($500)
-Bath 3 ($0)NA
-Floors ($2,000)
-Painting ($3,000)
-Roof ($0)
-Doors ($500)
-Baseboards ($0)
-Windows ($0)
-A/C ($3,000)
– Fixtures ($500)
-Electrical ($0)
-Landscaping ($1500)
-Drywall ($500)
-Texture ($500)
-Pool ($)NA
– Stucco ($2,000)
– Total Repairs ($20,500)

Property is sold AS-IS. Cash or hard money only. Buyer pay’s all closing costs.

Price $69,999

Disclaimer:

* These repairs are based on average repairs from MFIP flips.
* Buyers are responsible for getting their own estimates.
* The numbers above are not based on numbers from a licensed contractor.
* The numbers above are to give buyers a general idea of what the repairs should cost.
* It is possible that MFIP could miss a repair that is not listed above.
* All buyers are encouraged to look the property over with a licensed contractor.

About Mike

Mid Florida Investment Properties, LLC owner Mike Calvert has been buying and selling real estate in Central Florida for over 18 years. Get a seasoned investor as your partner for a fraction of the profit. We handle the transaction from start to finish!

Speak Your Mind

Tell us what you're thinking...
and oh, if you want a pic to show with your comment, go get a gravatar!