218 PALM PL. SANFORD, FL 32773 3 BEDROOM 3 BATH 2,223 SQUARE - TopicsExpress

218 PALM PL. SANFORD, FL 32773 3 BEDROOM 3 BATH 2,223 SQUARE FEET YEAR BUILT: 1961 TAXES: $1,120 (2013) MARKET RENT: $1,250 DESCRIPTION: A rare opportunity in Sanford. Here is a 3/2 2,000+ square foot home situated in a quiet area of Sanford that needs minimal work to make it rental ready where you can enjoy a HUGE equity position. Homes of this size rent for $1,200+ in this area which will give you a +/- 17% ROI and $49,000 in equity. If you want to flip this house all it needs is updating the kitchen and baths, some new flooring, appliances, paint in the interior and exterior, some landscaping and youll be ready to sell it at market value. ESTIMATED RENTAL REHAB: $12,000 +/- - REPAIR KITCHEN CABINETS - FLOORING - UPDATE BATHS

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