IF YOU’RE A “SEASONED” REHABBER LOOKING FOR A SOLID FIXER UPPER, THEN THIS PROPERTY MIGHT BE THE ONE FOR YOU. This property has some fire damage but with a little Vision, and a lot of elbow grease, this deal will produce a nice profit.
This 3 Bedroom, 1 Bath, single family home, is located in the Crescent Hill community and sit’s on a .17 acre, corner lot. This home is perfect for families seeking a single-family home with a large yard, good schools, and great location, close to Universal, the Millenia Mall, Orlo Vista park, I-4, the 408, and multiple shopping centers. In general, homes in Crescent Hills are about $50,000 – $170,000 and sit on quarter-acre lots with three bedrooms and one bathroom. The most common types of parking are carport, garage, 1-car garage, 2-car garage, driveway and street.
Repairs
This property has fire damage and therefore needs a Full renovation which should take 90 days or less to complete. Once completed, this property will easily generate a 15% ($24,000+) profit. Renovated properties in this community are taking an average of 2 days to go under contract and are selling for $155 per Sq./Ft.
Hurry! Make an offer ASAP! Properties like this don’t last long.
Comps
MLS “As-Is” Value = $109,000
Conservative After Repair Value = $166,000
Maximum Estimated Repairs = $32,000
YOUR WHOLESALE CASH PRICE =$94,000
Terms
This property is available via our “Assignment Program”. We have entered into a purchase contract with the current owner to buy the property. We will sell our equitable interest in this contract to a third party via assignment for a fee. A local, reputable title company and/or attorney will be enlisted to handle the closing and transfer of title.”
All properties are sold for cash or hard money on a “First Come, First Served basis”. Buyers responsibility to do your own due diligence and verify all information. Prices are NET to seller with buyer paying all closing costs, including any Agent/Broker commissions. Opinions of value/rents are given as a courtesy and no guarantees are expressed or implied. A minimum of $2,500 deposit and fully executed assignment agreement required to secure the property. Our properties move fast so contact us quickly if you have an interest in purchasing this property.