Eustis Flip or Cash-Flow Louis Ct. Eustis, FL. 32726
This is a solid 3/1.5 block house with a 1-car garage in Eustis. It works as either a flip or cash-flow. The property is currently tenant occupied with the tenant paying $800/month which is well below market value. They can either stay or be out by closing.
The house is in decent rental condition and has a new AC. For a flip, it will need cosmetic renovations to the kitchen, baths paint and floors. It will also need a new roof.
The comps are pretty straightforward in this neighborhood. Newly renovated homes of the same bed/bath/SQFT are selling for about $165,000.