House needs TLC

[Garth Hamilton]

Presentation For:

2650 5th Street, Saint Cloud, FL, 34769

Presented by:

Sean Currie & Garth Hamilton

[email protected]

(407) 907-1325

Executive Summary

Garth Hamilton and Sean Currie have retained under contract the property at 2650 5th St, Saint Cloud, FL. 34769 for the price of $120,673 including wholesaling fee.Rehab costs are estimated at $20,000.The After-Repair-Value (ARV) of the property is estimated at a conservative $180,000.The property has not been listed on the MLS.

Property Summary

The property is located in a highly desired neighborhood of Saint Cloud, FL, 5 blocks from east lake Tohopekaliga. There are 3 bedrooms and 2 bathrooms.The home was built in 1973 and has 1,476 square feet of living space.The lot is 9,365 square feet.The kitchen and bathrooms will need remodelling. The property will need new flooring installed as well as new paint throughout the home. Pool also needs to be resurfaced.

Investment Summary

According to Zillow, as of September 30th, 2016, the median price of a Single-Family Residence in Saint Cloud, FL is $191,500.The accepted offer price of $120,673 is 37% below the median sale price. The property has great potential for flip or rental. For more information on this property please contact Sean C. and Garth H. at (407) 907-1325.

Important Dates

EMD: 11/03/2016

Inspection Period Ends: 11/07/2016

Target Close Date: 11/16/2016

Projected numbers are based on estimates and evaluations made by the drafter of this document.You should consult your own professionals for advice regarding the projections.You understand that the drafter is not making any professional recommendations whether accounting, legal, real estate, or otherwise.

Sean Currie & Garth Hamilton

(407) 907-1325