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Updated over 9 years ago on . Most recent reply

User Stats

14
Posts
2
Votes
Danielle Sullivan
  • Odessa, FL
2
Votes |
14
Posts

Fix & Flip or Flip & Hold- Seminole Heights FL- 30% ROI

Danielle Sullivan
  • Odessa, FL
Posted

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.
Offering

Most Popular Reply

User Stats

429
Posts
220
Votes
Leigh C
  • Brooksville, FL
220
Votes |
429
Posts
Leigh C
  • Brooksville, FL
Replied

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.  

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