Asking Price$79,000OccupancyEviction
Deposit Required$5,000Occupancy NotesThe occupant is named Bill who got sick and fell behind on mortgage payments, nice guy and asked for 90 days to move out. Will move out sooner if offered assistance to move. Nice guy just had some bad luck.
Frame/CBSCBSLease Information 
ARV Minimum$115,000Rental Amount 
ARV Maximum$125,000Estimated Rent$1,250
Property classSingle familySecurity Deposit 
Bed2Lockbox/Tenant information 
Bath1Access to HouseLimited access. Occupant is disabled
    
ParkingCarport
SQ Feet - Living Area962
Central/Wall UnitCentral Air
Year Built1953
PoolNot Checked
Rehab Amount Min.$5,000
Rehab Amount Max.$18,000
For a rental, this property needs minor drywall repair in the kitchen where a non structural wall was removed. Updated kitchen cabinets would go a long way. One new bathroom vanity and a deep cleaning throughout would make this rental ready. A small roof patch in rear laundry room area must be repaired. For a flip, the kitchen should be updated with new appliances, bathroom should be updated and interior/exterior paint job would transform this home. New flooring and some landscaping would finish off the updates.
A modern looking home located in the desirable area of Debary, just a 30 minute drive from Daytona Beach. The property features hardwood floors and central AC throughout. This is an investor dream for an easy rental or flip!
***Buyer agrees to assume property with possible eviction. Seller makes no representation of rents or current leases.***

Comps:

21 MONROE AVE 3/1 with 800 sq ft sold 116k FHA. Was on market for only 39 days. June 2016

17 MONROE AVE 3/2 with 971 sq ft sold 153k FHA March 2016

28 MONROE AVE 2/1 with 1315 sq ft sold 83k cash- needed full updates. April 2016. Now pending sale as a 3/2 for 169k