Cocoa Beach FL Flip- looking for JV partners or Private Lenders

[Dustin Rose]

180 Capron Rd Cocoa FL 32927

Purchase Price - $59,900

Rehab- 15-20k for Flip or 5-7k for rental ( still waiting for detailed rehab bid)

ARV- $105,000- $110,000 if converted to a 3rd bedroom - which is included in the 20k rehab budget. ( Waiting on full appraisal report)

Property Details

Here is a low cost single family home available in Cocoa. This 2 bedroom, 2 bathroom home will make a solid rental property with good equity or a good Flip. Plenty of sales activity within this small pocket of Cocoa. As a rental, the home will need new carpet, new interior paint, and possibly new windows. Age of the AC unit is 7 yrs old and in working condition. Front portion of the home is an addition, which half of it can be converted into a third bedroom. As a Flip the home will need an updated kitchen and bathroom.

Comps

190 Capron Road Cocoa, FL 32927 $114,900

3 bed / 1 bath1,092 sq ftSold 08/07/17

230 Fecco Street Cocoa, FL 32927 $139,900

2 bed / 2 bath912 sq ftSold 01/29/18

Rents for a 3 bedroom are between $950-$1,000