Balasco Handyman

7207 Belasco Ave, Orlando, FL 32810

$135,000 After Repair Value -
$78,000 Asking Price -
$0 Cost of Repairs =
$57,000 Potential Profit

Property Details

Asking Price $78,000

After Repair Value $135,000

Costs of Repairs $0

Potential Profit $57,000

Living Area 1158 ft2

Property Type Single Family House

Bedrooms 2

Bathrooms 1

Half Bathrooms 0

Parking 0

Listed with Agent No

Property Description

Property is cleaned out and back on the market! This house is a block SFR located in Lockhart. The property is in an industrial heavy area and will need almost everything to get back into tip top shape. You have to go down the street a little bit to find houses of a similar age and style. A month ago, we felt 150k was a very fair estimate for the ARV. Since the situation is what it is, we have reduced the ARV by 10 percent.

A lot of materials are still in the house for the rehab as well. If you were going to rent, you should be able to get $1,000 to $1,100 a month. Rehab will be closer to 30k or less as a rental.


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