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All Forum Posts by: Jonathan Rokh

Jonathan Rokh has started 4 posts and replied 5 times.

Post: Orlando Flip under $50k

Jonathan Rokh
Pro Member
Posted
  • Orlando, FL
  • Posts 5
  • Votes 2

Here is one of the least expensive single family homes available in the entire city of Orlando. This concrete block home has good bones and features 2 bedrooms and 1 bath. The property will need a full rehab, however new windows and doors were installed in the past year. There are outstanding code violations that need to be addressed will require a hold harmless to be signed at closing This makes for a nice low-cost acquisition, contact me today at : 321-900-5977 or at [email protected]

Purchase price: $49,900 plus cc

Rehab estimate: $30k-$35k  +/-

After Repair Value: $109k-$119k

NET ROI: 20-27%

Post: Great Rockledge Flip Opportunity

Jonathan Rokh
Pro Member
Posted
  • Orlando, FL
  • Posts 5
  • Votes 2

Looking for your next Space Coast flip? Take a look at this 3 bedroom, 2 bathroom concrete block home in beautiful Rockledge. This home has 1,272 heated square feet, a double car garage and a fairly new roof. The home will need a full cosmetic rehab inside and out with some landscaping recommend to give the home good curb appeal. Properties in and around the neighborhood are selling quickly for top dollar. Call me today before this one takes off! 

Contact:

Jonathan- 321-900-5977 

[email protected]

For other investment properties available contact me!


Investor Price  $89,900

Closing Costs to Buy $4,000

After Repair Value  $159,900

Rehab Projection  $32,550

Projected Income- $25,604

Estimated ROI- 19.07%

Post: Low Cost Tampa FLIP

Jonathan Rokh
Pro Member
Posted
  • Orlando, FL
  • Posts 5
  • Votes 2

Hi Nancy,

I was trying to update the post to lower the price reduction, but the correct price is $44,900.

The building year is 1934

Similar home @ 8318 N 13TH ST, TAMPA, FL 33604 sold in 8 days at $108,000

Please let me know if you have any questions, feel free to reach me at:

321-900-5977

[email protected]

Post: Low Cost Tampa FLIP

Jonathan Rokh
Pro Member
Posted
  • Orlando, FL
  • Posts 5
  • Votes 2

Great flip in a hot market. This gem is a 4/1 located in a family friendly neighborhood, next to a school and Sulpher Springs Library. The property will need a full rehab from a new roof, kitchen cabinets and counter tops, flooring, and bathroom. The property is also located in a great tenant rich area. If you choose to rent and hold, that will yield an AYP of over 13%.

PRICE: $47900 PLUS ALL CLOSING COSTS

ARV: $107900

REHAB: $25K-30k

NET ROI: 24.63 %

JONATHAN ROKH

321-900-5977

[email protected]

Post: Undervalued TURN-KEY 18 UNIT APARTMENT COMPLEX

Jonathan Rokh
Pro Member
Posted
  • Orlando, FL
  • Posts 5
  • Votes 2

Jonathan Rokh

321-900-5977

[email protected]

Price: $997,900- CASH Plus closing costs

Requires $40,000 non-refundable down payment

ARV: $1,295,000

CAP RATE: 11%

Here is a rare opportunity to own a 100% tenant occupied apartment complex in one of the hottest markets in the country. This gem consists of (18) 2 bedroom / 1 bath units with approximately 820 square feet per unit. Most of the units have gone through refurbishing and have newer stainless steel appliances, kitchen cabinets, and tile flooring through out the units. The complex consists of 3 buildings plus a community pool. The roof on two of the buildings was replaced in 2010, new septic in 2009, and new pool pump in the last year, with most of the AC units replaced this past year as well. The location is ideal for an investor for its diversified location being only 2 miles from the University of South Florida, minutes away from Busch Gardens and the Hard Rock casino and near all major highways. Purchase now with a current cap rate of 11% and realize a big upside with a slight rent increase.