SHF - Florida, Flip, Under $ 122,000 Contract - Manchester (New Hampshire) Property Status: Start…

SHF - Florida, Flip, Under Contract
$ 122,000 - Manchester (New Hampshire)

Property status: Beginning of the inspection period - seven days

Living Size: 1460?
Year of construction: 2002
Bedrooms & Services: 3? 2?
Additional Extras: Large yard and sun terrace
Renovation: $ 18,000
Closing costs and additional costs: $ 2,300
Total investment: $ 142,200
Promoter fee: 40 to 50 from the profit, discount of 3% in brokerage fees for sale

Estimated sale price: 185,000 $
Project time: five months
Expected expenses: $ 10,145
Estimated Project Space: $ 32,655
Estimated profit per investor before tax: 17,960 $
Final return to investor before (five months): 12.63%

Full Business Plan? : https://bit.ly/2VtbAFQ

Comparative Market Analysis (Comps) ?:
Half Mile, 1200-1600 Reconditioned Square https://bit.ly/2Fajm1z

Renovation: There were no doubts
Attached Price estimate Renovation: https://bit.ly/2Vt5i9n

About the area:
One of the developing cities of 2018, Sanford is located north of Orlando as 20 minutes from downtown.
The city has undergone many changes over the past two years - new schools, infrastructure renewal, paving of roads and diverse projects from all sides. In addition, the local airport is undergoing significant expansion.
High average income, low crime and some of the best schools in the county make Sanford a great place for people who want to live close to the big city but not pay the high prices.

On the property:
Four bedrooms and two bathrooms in a super desired area in the city center, the property is reserved and requires a specific renovation for the market. Average days in a two-week market and a great deal of competition between potential buyers make the investment profitable on the one hand and a low level of risk.

The entrepreneur's recommendation:
Buying in cash or hard money, buying and selling to a US buyer.

Property Video:
https://www.youtube.com/watch?v=ERBhWdKjYzk&t=63s