Deltona Flip or Cash Flow Under 95k Hope Dr., Deltona FL 32738
Property Detail
Type
Single Family Home, **SOLD** Status
Flip, **SOLD** Location
Florida
Sub Location
Deltona
Price
$89,900
Sq. Ft.1,152Bedrooms3Bathrooms1ARV$150,000+/-Rent/mo$1,100Rehab$20,000 - $25,000GarageNonePoolNoneTaxes/yr$282Lot Size (Acres)0.17 AcresConstructionFrameWaterfrontNoYear1975SubdivisionDeltona LakesHOA Fees/mo$0
Property Description
Currently, this is the cheapest active in all of Deltona, and the cheapest 3 bedroom by over 20k. This property has a lot of upsides.
The kitchen and a/c are in good shape. Roof looks to have 6 to 7 years left on it. All you really need is some basic cosmetic updates including flooring, paint in and out, some outdoor siding, 10 windows, landscaping and some minor bathroom updates.
All of the comps used were either 2/1 or 3/1 and all smaller. We put the value at $140,000 to $150,000, but I think that is probably on the conservative end.
As a cash flow, you should be able to get $1,100/mo.
