Updated over 9 years ago on .
Easy Flip Property in the Flair Subdivision of Lauderhill, FL
Located in the Flair subdivision. Single family home features 2 beds, 2 baths, 1 car garage, and enclosed patio. Large open floor plan with lots of living space. Room for possible 3rd bedroom. If converted, could sell high. Decent size lot in a good neighborhood.
House is in good condition but Needs TLC including a kitchen upgrade, minor bathroom upgrades, paint, and flooring. Roughly 20k in Renovations needed.
Closed Comparable Sales
4940 NW 18TH CT - 3/2 1800 SQ FT - SOLD FOR $180,000 in 7 days
1960 NW 47TH AVE - 3/2 1664 SQ FT- SOLD FOR $170,000 in 58 days
4801 NW 19TH ST - 3/2 1800 SQ FT - SOLD FOR $180,000 in 3 days
1910 NW 47th AVE - 3/2 1800 SQ FT - SOLD FOR $174,000 in 4 days
Financial Breakdown
Purchase Costs
Purchase Price ($115,650.00)
Purchase Closing Costs ($2,200.00
Total ($117,850.00)
Rehab Costs
Total Rehab Costs ($20,000.00)
Total ($20,000.00)
Holding Costs
Monthly Holding Costs ($1,500.00)
Total Days Held 90
Total ($4,500.00)
Sales Costs
After Repair Value $170,000.00
All Selling Closing Costs ($3,400.00)
Real Estate Agent Fees ($4,250.00)
Total $162,350.00
Total Profit for Flip $20,000.00
Email or Text me
561-674-2240