8th St., Saint Cloud, FL 34769

REDUCED!

NOW $93,000
WAS: $99,000

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Home-Run flip in Saint Cloud! This one is like finding a unicorn. Flip in a great area, selling for under $100k with built in equity! You could do zero rehab to this house and the comps say you could sell it for $140k.  Don’t wait because this one will be gone in no time.

House has been well kept but needs some upgrades including the following:  New AC, interior and exterior. Has a metal roof that is in good shape, but will need a pressure wash. Needs paint in and out. Kitchen and bathroom need updating, and you may want to open up the kitchen a bit. House also needs some flooring, and you could change the layout a bit if you want. Lastly, the yard will need some landscaping to make it pop.

You have comps that are the same size going all the way up to $197k! House could certainly be worth more than our projected $175k, but based on the single bathroom we were very conservative with our ARV. Either way, you have several rehabbed comps nearby, and your price point here is insane.

Property is tenant occupied and they are paying $850/mo, with a lease until November.  We have already started the discussion of cash for keys and hope to have an agreement with them shortly.

Property is shown by appointment only so please do not disturb tenant.

St. Cloud, No HOA

Est. Rehab: $35,000 +/-

Est. Monthly Rent: $850

Est. ARV: $175,000 +/-

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