Flip or Cash-Flow under $40k Tangerine St. Yalaha, FL. 34797
Property Detail
Type
Single Family Home, **SOLD** Status
Flip, **SOLD**, Cash Flow Location
Florida
Sub Location
Yahala
Price
$32,000
Sq. Ft.1,200Bedrooms3Bathrooms1ARV$130,000+/-Rent/mo$995 - $1,050Rehab$40,000 - $45,000GarageNonePoolNoneTaxes/yr$381Lot Size (Acres)0.12ConstructionFrameWaterfrontNoneYear1962SubdivisionEast add to BloomfieldHOA Fees/mon/a
Property Description
Here is a 3/1 1200 house ready to flip or cash-flow in Lake County for only $32k.
This property is going to need a full rehab top to bottom whether you decide to flip it or use it as a cash flow rental. But at this purchase price you have plenty of room to make the proper renovations.
Comps show that as a flip this could sell for around $130k on the retail market. As a cash flow you could rent this out for between $995 – $1050 per month which is around 14%-15% ROI after taxes and insurance.
