638 Dr J A Wiltshire Dr W, Lake Wales, FL 33853
PRICE IS ONLY $58,990 NET
Estimated Rehab: 20-30K
After Repair Value: 110,000
Flip Potential ROI: 18%
Flip Potential Net Income : 16k
Potential Annual Gross ROI: 23%
Potential Annual Gross Income: 16,800
This is the fifth CHEAPEST SFH in the entire County out of 1,862 available homes.This deal consist of 2 SFH on one lot, with the main house featuring 2 beds 2 baths, 960 Sfqt, and the rear home is a 1 bed 1 bath 560 sqft. As a Flip, the well maintained main home is in need of light cosmetics, and the rear home is where the most rehab is needed. As a rental, the main home will rent out for 900 a month after a light rehab, and the rear home will rent out for 500 a month after a full rehab. Once renovations are done, simply place a tenant at market rent to begin cash flowing at an estimated 23 percent return.
Available on 07.17.2020
Don’t let this excellent opportunity pass you by! Get it yours now!