Package Deal...Three for the Price of One!!

[Foster Algier]

We have an equity interest in this property and are selling the contract.

http://www.FACSOLD.com/

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Vine Lane, Lakeland, FL 33801

INVESTMENT: $115,000

Please visit our website for more photos: http://www.facsold.com/show_listing_details.php?prop_id=36334#photoDetails

ARV: $107,000 +/- Each

Rental Income: $3,578 +/- month

ARV Rehab: $30,000 +/- Each

3 Properties...each with 2 Bedrooms 1 Bath

936 / 984 / 1,067 SqFt

Built: 1955, 1958, 1966

Construction: Block

HOA: $0

These properties are located in an established neighborhood steps away from Lake Parker. This package deal of 3 properties is priced at $38333.33/each, making these homes the 3rd cheapest per door. Approximate ROI – 31% or $101,600 profit as package for flip. Buy & hold cash flow of $3,578 monthly. All three properties are solid block, 2/1 homes with the potential to easily be converted to 3/1's. The homes have large fenced in yards. These properties will need complete renovations including a new roof, new AC, new flooring, ceiling knockdown, baseboard, interior & exterior paint, new windows, kitchens, and new bathrooms. Adding a bedroom will increase rental income and ARV. All three are convenient to major roadways for an easy commute.

All properties require cash or a private/hard money loan in order to purchase. No conventional or FHA financing available unless otherwise indicated. All inspections must be completed prior to buyer signing the contract. Buyers will need to provide a $3,000 non-refundable deposit at time of contract. Seller will convey using an as-is contract, clear and marketable title with a warranty deed. All closings are with a licensed title company with Insurable Title.

Buyer will be responsible for all closing costs unless otherwise indicated.

Foster Algier

Broker - Gold Key - G.R.I.

FLA Real Estate Services