4645 24th Ave S, St. Petersburg, FL 33711

Flip Strategy

Price with fee: $229,950
Preliminary ARV: $375,000
Preliminary flip rehab: $75,000–$100,000

Using a $75,000 rehab:

  • Purchase: $229,950
  • Rehab: $75,000
  • Total basis: $304,950
  • Preliminary gross spread: $70,050

Rental

Price with fee: $229,950
Preliminary rental rehab: $40,000–$45,000
Preliminary rent estimate: $2,900/month

Using a $40,000 rental rehab:

  • Purchase: $229,950
  • Rehab: $40,000
  • Estimated all-in basis: $269,950
  • Projected monthly rent: $2,900
  • Projected annual gross rent: $34,800

Book an Expert

New investor? Start with Jorge.

Jorge Vazquez – CEO & Investment Strategist at Graystone. Let’s make your portfolio stronger, steadier, and more profitable.

Deals? Book with Cody.

Meet Cody Bergstrom, Your Expert in Finding Deals Let’s find an off-market deal that actually works for you.

Need financing? Book with Lisa.

Meet Lisa Kaye Price, the LendingGig Top ML Let’s figure out the smartest way to fund your next deal.

Looking for PM? Book with Jay

Jay Michalec – COO & Property Management Expert at Graystone. Let’s make your rentals easier, calmer, and more profitable.

Categories