3/2 + Florida room, Charlotte County FL. OFF market, cash.

[Ilona Davidovich]

3 bedrooms 2 bathrooms, 1 car garage, frame home

1,418 sq feet under air, total sq feet 2,060

This home has a large Florida room in the back that can be converted into a 4th bedroom easily.

ARV : $140,000 + depending on grade of remodel.

Asking: $65,000

Rents at : $1050+

This house needs:

Septic system replaced $7,000, if it needs drain field then $11,000

AC fixed $1,000

Landscaping $500

New garage door $1300

Kitchen $5000

Floors in half the house $2,000

Both showers can stay in my opinion, so bathrooms $700 MAX

Paint inside and out $4,000

Appliances $2,000

There is a hole in the backyard where the previous owner dug an above ground pool into the ground cost to fill should be under $5,000 if you hire out

Rehab total : $28,500-$32,500

Safety net $3,000

You should be able to go above and beyond for $35,500.00 Total rehab cost.

These are my numbers they are estimates do your own research.

Comps:

12380 EASHA BLVD, PUNTA GORDA, FL 33955

12321 GASPARILLA AVE, PUNTA GORDA, FL 33955

12233 MARYLAND AVE, PUNTA GORDA, FL 33955 --- $118 a sq foot!

All of these comps actually put the house above $140,000 ARV

Pictures are below. Let me know if you have someone interested, add your commission if you want to sell to an investor.

I have a lock box up let me know if you need access.