Brooksville Flip on 10 Acres

Brooksville Flip on 10 Acres

3 bed 2 bath 1896 sq ft Built in 2001 Single Family
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66
Quality of Comparables
Low High
14 /20
Level of Rehab
Heavy Light
8/20
Location of Neighborhood
Far Close
14/20
Quality of Floor Plan
Choppy Flowing
16/20
School Rating
F A
5/10
Placement in Neighborhood
Busy Calm
9/10
Property Details

Here's your chance to return this modern farmland flip, back to the charm it once had. This rare 10-acre flip will appeal to horse lovers and families, looking for extra space in their lives. The property comes with a full-sized arena, a six-stall horse barn, a three-stall stud barn, and three large pastures. The block home was custom built in 2001 as a split plan layout with high vaulted ceilings. It will need a full cosmetic interior update, as well as exterior cleanup, tree trimming, and a new roof. 

Comparables include a home built in 1965, on 20 acres, selling for $855,000; an uncleared, 10-acre lot, that sold for $226,000; and  a 13 acre, larger built home pending at $1.2 Million. We've stayed extra conservative with a $750,000 ARV. Don't miss this great opportunity. Call your EquityPro Advisor today!

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We recommend flip
Rental Income
$5,000 mo. / $60,000 yr.
Estimated Taxes
$3,147 / yr.
Maintenance
$500 / yr.
HOA Dues
$0 / yr.
$47,353
Projected Income
9.73%
Estimated APY
$155,050
Projected Income
26.06%
Estimated ROI

Comps

 
Listed
 
Pending
 
Sold

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