PENDING – Derbyshire Rd, Maitland, FL 32751

Beds: 3   Baths: 2   Sq. Ft: 1700

ARV: $292k    Repairs: $38k

$207,000+cc

Check out this clean 3 bedroom 2 bathroom Maitland Flip. Insurance is adding a brand new roof. Updated Plumbing. Needs cosmetics and new windows for top value. The comp 841 W Forest Brook is closing in 10 days at $295k according to the listing Realtor, and it is 256sqft smaller but has a pool. After a nice rehab, we are estimating this project to retail in the mid $290k’s. Take a look at the comps and numbers below. Repairs include kitchen, baths, flooring, paint, roof, plumbing, electrical, windows, ac, landscaping, misc. ARV Estimate: $292k with upside potential after 841 W Forest Brook closes

COMPS:

  • 841 W FOREST BROOK RD – Selling at $295k with pool (realtor told me, closes in 10days). 1444sqft, adjusting down $15k for pool and $12/sqft for size brings us to $181.9/sqft for the subject property or $309k ARV
  • 2350 Hunterfield – Sold $315k, nice and clean but partially outdated, no pool, adjust $30/sqft for size, and $5/sqft for new rehab puts the subject ARV at $289k
  • 812 WOODSIDE RD – Sold $305k, 26sqft smaller with pool, adjust $15k down for pool, puts subject at $290k

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