Updated over 9 years ago on . Most recent reply

Fix & Flip or Flip & Hold- Seminole Heights FL- 30% ROI
Purchase Price: $130k
ARV: $225k
Estimated Repairs: $30k
ROI: 33%
3bedroom/1bathroom home 1455 s/f . Inside has hardwood floors as well as wood walls creating a homey cabin in the woods like feel in the middle of Seminole Heights. All kitchen appliances are stainless steel and kitchen has eatingspace. The rooms are spacious, with large closets, and home has intriguing archways. Open porch in the front of the home and covered area on the side rear. Located in the yard is a large shed and an expansive fence for added privacy.
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What comps did you dream up to get to 225k? 4010 N myrtle just sold for 195k. I'm not even sure how much it would take to get this house up to that level, let alone add the extra bathroom it has. Let hubzu have the house back and count yourself lucky you only wasted a deposit.