Singlefamily: 3 bedrooms , 2 bathrooms

Year built: 1953, Size: 1128 SF

Investment strategy: Fix and Flip

Take a look at this profitable flip. The house comes with a pool. This property has tons of potential. Take a look at the 3D virtual tour, photos, video and appraisal report below.

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Off Market Properties

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Purchase Price $ 125,000
Rehab Estimate $ 35,000
Project Profit $ 42,150
After Repair Value $ 215,000

Investment Summary

After Repair Value$ 215,000
Calculated Project Profit$ 42,150
70% Rule74.42 %
Return on Investment26.00 %
Project Term5 months

Project Cost Breakdown

Purchase Costs 
Purchase Price$ 125,000
Buying Costs$ 1,100
Total$ 126,100
Repair Costs 
Repair Costs Lump Sum$ 35,000
Total$ 35,000
Holding Costs 
Monthly Holding Costs$ 200
Total Months Held5
Total$ 1,000
Selling Costs 
Commissions (5%)$ 10,750
Selling Costs$ 0
Total$ 10,750


Financial Breakdown

Total Capital Needed$ 162,100
Financing$ 0
Total Cash Needed$ 162,100

Purchase Price$ 125,000

839 Golden Rule Ct N, Lakeland, FL 33803

Year Built1953
Size1128 SF

Financial Breakdown

Purchase Price$ 125,000
Purchase Costs$ 1,100
Repair Costs$ 35,000
Holding Costs$ 1,000
Total Capital Needed$ 162,100
Financing$ 0
Total Cash Needed$ 162,100
Cash at Closing$ 0
Cash During Flip$ 162,100


Holding period of 5 years and discount rate of 5.00% were used for calculation of NPV and IRR. The rest of the financial measures are for the 1st year only and therefore don’t provide such an exact information.

Project Returns

Gross Rehab Profit$ 42,150
Return on Investment26.00 %
Annualised ROI62.40 %
Internal Rate of Return81.05 %

Timeline Assumptions

Rehab Period2 months
Listing Period3 months
Total Holding Period5 months