What we have is a nice 3/2 on a corner lot in East Hollywood just minutes from Downtown and Young Circle Park.
The best part is, this thing needs almost no work! Just paint and some touchup and voila, this house is ready to go!
Now, if that wasn't good enough. How about the price? The price is 128k and we estimate the repairs to be 1-3k. The comps and zillow are being generous with a retail value of 240k, but we're playing it safe with an ARV of 202k. So with repairs, you're looking at 65% LTV and at least 71k in equity!
Interested? Or do you want to see some pics first...
2472 Mayo St, Hollywood, FL 33020
3BR/2BA
Retail Price: $202,000 (Lower than avg comps)
Sale Price: $128,000 $115,000 (Cash or Hard Money)
Rehab Cost: $3,000
Notes:
This deal won't last long at all. If you are seriously interested in this property, please email me RIGHT NOW.
