Honeytree Ln W, Lakeland, FL 33801

---

3 Beds - 2 Baths - 1,135 sqft - Built 1980

Purchase Price: $130,000

Rehab Level: Light

Construction: Block / Slab

Electrical Panel: Year Built

Air Conditioner: 2007

Water Heater: Good Condition

Roof: 2008

Occupancy: Occupied - Vacant at closing. 

*Do not disturb occupants. Trespassing is a criminal offense. Why buy occupied properties? 

Fix & Flip

Retail Value              195,000

Purchase Price     -  130,000

Closing & Rehab  -    30,000

Carry & Sale          -     9,000  

Est. Profit                 $26,000

-----------------------------------------                              

Rental

Purchase Price       130,000

Closing & Rehab      10,000

Rent 1,350 x 12         16,200

Tax & Insurance         2,800    

Est. ROI              9.5% w/ 30k Equity

Avg. Retail Sale Price: $194,000

Estimated Monthly Rent: $1,350

Retail Sales

1239 Honeytree Ln - Sold - 11/20 $195,900

1630 Crystal Lake Dr- Sold - 8/20 - $192,500

1330 Honeytree Ln E - Sold - 1/20 - $200,000