Beds: 3 Baths: 2 SqFt: 1321
ARV: $155k-$160k Repairs: $35k-$40k
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This 3/2 brick home sits on a third of an acre lot in a really nice area close to Stetson University. We are priced right over 50 cents on dollar.Property is going to need some work including but not limited to a new roof, flooring throughout, new kitchen, baths, electrical, landscaping, etc. The plumbing was upgraded on one side of the house but will need to be completed on the other side. The house sits off of the ground, so a lot of the work can be run under the house, great decreasing the cost.Comps range, but most of the rehabbed comps are selling between 114 and 125/sf. You have a non-rehabbed house on the same street that is a little bit bigger, sold for 172k in 3 days. Using the lower end of the spectrum would give you an ARV of 150k. If you went on the higher end would put you at 165k.