Saturday, August 29, 2009

Bank Owned 3/1 Very Clean Investment Home in Ocoee

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Financial Analysis
Price $57,000
Closing Cost $2,500
Rehab $8,000
Total Cash Investment $67,500
ARV $100,000
Vacancy Rate 8.20%
Rent 900
Tax+Ins. 300
Monthly Cash Flow 600


Yearly Cash Flow 7200
Net Vacancy 6609.6
ROI (Full Occupancy) 10.67%
Adjusted ROI (Net Vacancy) 9.79%
Equity $32,500


Property Highlights
Sqft: 1000
Beds: 3
Baths: 1
Construction Block
Wholesale Price: $63,000
After Repair Value: $100,000
Repair: $8,000
Area Zip Code: 34761
Subdivision: Meadows

Notes: Great house in Ocoee that is very clean. House could be an easy flip for someone, great rental, or place to live.

2/2 House Very Clean Orlando Florida 32837

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Financial Analysis
Price $63,000
Closing Cost $2,500
Rehab $6,000
Total Cash Investment $71,500
ARV $100,000
Vacancy Rate 8.60%
Rent 1,100
Tax+Ins. 300
Monthly Cash Flow 800


Yearly Cash Flow 9600
Net Vacancy 8774.4
ROI (Full Occupancy) 13.43%
Adjusted ROI (Net Vacancy) 12.27%
Equity $28,500


Property Highlights
Sqft: 1135
Beds: 2
Baths: 2
Construction Block
Wholesale Price: $63,000
After Repair Value: $100,000
Repair: $6,000
Area Zip Code: 32837
Subdivision: Skylake South
Notes: Super clean 2/2 in lovely Whisper Lakes. Needs paint, carpet, and re-screening of patio.

Friday, August 28, 2009

Foreclosure For Sale Orlando 4/3 $52,000

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Financial Analysis

Price

$52,000

Closing Cost

$2,500

Rehab

$11,000

Total Cash Investment

$65,500

ARV

$110,000

Vacancy Rate

7.90%

Rent

925

Tax+Ins.

300

Monthly Cash Flow

625

Yearly Cash Flow

7500

Net Vacancy

6907.5

ROI (Full Occupancy)

11.45%

Adjusted ROI (Net Vacancy)

10.55%

Equity

$44,500

Property Highlights

Sqft:

1780

Beds:

4

Baths:

3

Construction

Block

Wholesale Price:

$52,000

After Repair Value:

$110,000

Repair:

$11,000

Area Zip Code:

32809

Subdivision:


Notes: 3/2 with a 1/1 in-law suite, super clean on the inside, kitchen is newer and bathrooms are in fine shape, Needs a roof and to take down the poorly built attachment on the back of the house.

Tuesday, August 25, 2009

Foreclosure 3/1 $24,000 Wintergarden FL 34787




Sq Ft: 1184
Bed: 3
Bath: 1
Construction: BRICK
Wholesale Price: $24,000
After Repairs: $60,000
Repair Estimate: $9,000
Area Zip code: 34787
Subdivision: Wintergarden
Notes: Cosmetic updates inside and out; carpets, inside paint, door jams (1), The wood addition in the carport should be removed this will reveal the entire Brick Front like the other properties around it of the same construction, the addition is shoddy but she be easy to remove.

Monday, August 24, 2009

Foreclosure For Sale Orlando Fl 3/1 $69,000

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Casselberry

Sq Ft 1130

Bed/Bath 3/1

Construction: BLOCK

Wholesale Price: $69,900

After Repairs: $130,000

Repair Estimate: $9,000

Area Zip code: 32707

Subdivision:

Notes: Needs some work, Rent is going for $900-$1000 in this area very desirable living area for renters,







Sunday, August 23, 2009

Rehab Costs-Fixer Upper

What dollar figure in rehab cost is acceptable?

Well that all depends on your budget after acquisition and how that cost affects your overall ROI on the property.

Its all about the numbers in this market. And with robust ROI opportunities available in the Central Florida housing market you can literally pick choose and refuse.

In my experience it won't take long for the big capital to find this out and take it all for themselves.

Saturday, August 22, 2009

FORECLOSURE ORLANDO FLORIDA 32807

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Sq Ft: 1374

Bed: 4

Bath: 2

Construction: BLOCK

Wholesale Price: $57,000

After Repairs: $110,000

Repair Estimate: $8,000

Area Zip code: 32807

Subdivision: Monterrey Homes

Notes: Needs lots of paint and carpet update, kitchen has been redone, needs higher tonnage A/C

FORECLOSURE ORLANDO FLORIDA 32808

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Sq Ft: 1137
Beds:3
Bath: 1
Construction: BLOCK
Wholesale Price: $33,000
After Repairs: $70,000
Repair Estimate: $5,000k
Area Zip code: 32808
Subdivision: Pine Hills Manor
Notes: Very clean, Needs A/C and fresh paint. Rent in the area for like properties is going for around $700. Room for good ROI and cashflow