Undervalued Daytona Beach Condo

Undervalued Daytona Beach Condo

2 bed 1 bath 992 sq ft Built in 1967 Condominium
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72
Occupancy Status
Low High
17 /20
Level of Rehab
Heavy Light
15/20
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
5/10
Property Details

Here's your chance to own a condo in Daytona Beach 2 blocks from the Ocean. This property consists of two bedrooms one bathroom just under 1,000 square feet. Alos we suggest a full cosmetic renovation including new flooring, kitchen cabinets and countertops, a complete bathroom makeover, and new closet doors. 

Furthermore, it's only a 5-minute walk to the beach, shopping and restaurants are nearby as well. With the HOA only being a mere $173 a month this little gem is a solid investment whether you decide to keep it as a rental or flip it. Don't miss out on this lucrative investment and call your EquityPro Advisor Today!  

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We recommend rent
Rent Flip
Rental Income
$1,425 mo. / $17,100 yr.
Investor Price
$114,900
Closing Costs to Buy
$3,800
Rehab Projection
$17,700
Utilities
$500
Property Insurance
$600 / yr.
Estimated Taxes
$1,500 / yr.
Property Management
$1,710 / yr.
Maintenance
$250 / yr.
HOA Dues
$2,076 / yr.
$10,964
Projected Income
8.01%
Estimated APY
After Repair Value
$170,000
Investor Price
$114,900
Closing Costs to Buy
$3,800
Rehab Projection
$25,700
Utilities
$500
Closing Costs to Sell
$7,650
$17,450
Projected Income
11.44%
Estimated ROI

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