CANCELLED – Lantern Ln., Deland FL 32720

Bed: 5     Bath: 2.5     SqFt: 2408

ARV: $265k     Repairs: $30k+

$182,500+cc 

Monster Deland flip!  Big house that sits on nearly half an acre that is zoned R3!  This house is very undervalued and can be flipped for a quick profit, but can also could be rented out with a mother-in-law suite to hold for some great rental returns! Rehab on this one is mainly cosmetic.  You need to update the kitchen and baths, replace some flooring and paint in and out.  Additionally, needs some minor touch-ups like fixtures, etc, as well as some landscaping. Comping this one is not straight forward, as you are one of the biggest houses in the surrounding area.  But a price per square of $100-110 is very conservative, and puts you in the $265k range for an ARV.  Whatever your intentions, you are getting this house very undervalued! Don’t miss out

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