Massachusetts St, Lake Helen, FL, 32744

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2 Beds - 1 Baths - 904 sqft - Built 1946

Purchase Price: $89,900

Rehab Level: Moderate

Construction: Block / Slab

Electrical Panel: Updated

Air Conditioner: New

Water Heater: Good Condition 

Roof: Good Condition

Occupancy: Vacant. 

*Do not walk on property. Trespassing is a criminal offense.

Fix & Flip

Retail Value              170,000

Purchase Price     -    89,900

Closing & Rehab  -    30,000

Carry & Sale          -     7,000  

Est. Profit                 $43,100

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Rental

Purchase Price        89,900

Closing & Rehab     25,000

Rent 1,300 x 12        15,600

Tax & Insurance        2,000    

Est. ROI             12% w/ 30k Equity

Avg. Retail Sale Price: $193,000

Estimated Monthly Rent: $1,300

Retail Sales

440 SEMINOLE Ave - Sold - 3/22 - $178,000

1050 MASSCHUSETTS St - Sold - 10/21 - $172,000

791 CASSADAGA Rd - Sold - 2/22 - $230,000