16.19 % est. net cash-on-cash $34,900 investor price...vancouver real estate club 12.46 % est. net...
TRANSCRIPT
Vancouver Real Estate Club
16.19 % Est. Net Cash-On-Cash $34,900 Investor Price
Rental House near FSU
3 bed / 1 bath 850 sq ft Single Family Lynndale 504 Lynndale St, Tallahassee FL 32301
Occupancy Status 2/20
Low High
Level of Rehab 15/20
Heavy Light
Location of Neighborhood 18/20 Far Close Quality of Floor Plan 14/20
Choppy Flowing School Rating 7/10
F A Placement in Neighborhood 7/10
Busy Calm
Property Details Ideal rental near Florida State University. The home is recently vacant and
will need new paint, carpet, appliances, and air condenser to make rent
ready. Average rents in this area are $650-$750.
Please contact your VREC Advisor for discount pricing on the entire
package of homes.
VancouverRealEstateClub.ca
We Recommend Rent
Rental Income $700 mo. / $8,400 yr.
Investor Price $34,900
Closing Costs to Buy $2,500
Rehab Projection $4,250
Utilities $300
Property Insurance $1,000 / yr.
Estimated Taxes $660 / yr.
Property Management $840 / yr.
Maintenance $250/ yr.
HOA Dues $0 / yr.
$5,650 16.19%
Projected Income Estimated COC
Thane Lanz Lic. Real Estate Agent
604-765-1490 [email protected]
Vancouver Real Estate Club
28.76 % Est. ROI $78,400 Investor Price
Spring Hill Pool Home with Garage 2 bed / 2 bath 1,437 sq ft Single Family Spring Hill 8322 Spring Hill Dr, Spring Hill, FL 34606
Quality of Comparables 15/20
Low High
Level of Rehab 18/20
Heavy Light
Location of Neighborhood 10/20 Far Close Quality of Floor Plan 19/20
Choppy Flowing School Rating 8/10
F A Placement in Neighborhood 8/10
Busy Calm
Property Details This property features 2 bedrooms, 2 bathrooms and a double car garage.
The roof was replaced within the last 5 years as well as the A/C and furnace
having been replaced in the last 2 years. There is a newly re-sealed and
finished pool that has also had the screened area around the pool redone.
The kitchen features custom built cabinets and tile flooring throughout.
There is custom cabinetry and nooks throughout the home adding to its
uniqueness. This house is currently rented on a month to month lease at
$975. Property is noted as a sinkhole home in Hernando county records,
reports available upon request. Call your VREC adviser today.
VancouverRealEstateClub.ca
We Recommend Flip
After Repair Value $125,000
Investor Price $78,400
Closing Costs to Buy $2,500
Rehab Projection $18,800
Utilities $250
Closing Costs to Sell $2,500
Listing Agent Commission $0
$22,550 28.76%
Total Projected Profit Estimated ROI
Comps
Listed Sold
1465 COACHMAN RD $125,000
3 bed / 2 bath Sold 02/24/17
1,412 sq ft
9003 BLAINE RD $131,500
2 bed / 2 bath Sold 12/30/16
1,360 sq ft
Thane Lanz
Lic. Real Estate Agent 604-765-1490
Vancouver Real Estate Club
12.46 % Est. Net Cash-On-Cash $44,900 Investor Price
Clean Jacksonville Rental 3 bed / 1 bath 1,142 sq ft Single Family 105 Scriven St, Jacksonville, FL 32209
Occupancy Status 19/20
Low High
Level of Rehab 15/20
Heavy Light
Location of Neighborhood 18/20 Far Close Quality of Floor Plan 15/20
Choppy Flowing School Rating 7/10
F A Placement in Neighborhood 9/10
Busy Calm
Property Details Looking for immediate cash flow and return on your investment? Here's a
prime, low maintenance, Jacksonville rental on the outskirts of the
downtown area. Solid tenants in place with good payment history. Deals at
this price point tend to move quickly so please contact your VREC Advisor
today.
VancouverRealEstateClub.ca
We Recommend Rent
Rental Income $685 mo. / $8,220 yr.
Investor Price $44,900
Closing Costs to Buy $2,000
Rehab Projection $2,250
Utilities $0
Property Insurance $1,000 / yr.
Estimated Taxes $305 / yr.
Property Management $822 / yr.
Maintenance $500/ yr.
HOA Dues $0 / yr.
$5,593 12.46%
Projected Income Estimated COC
Comps
Listed Pending Sold
1141 12th Street $55,000
3 bed / 2 bath Sold 04/28/17
1,130 sq ft
1122 9th Street $64,200
3 bed / 1 bath
1,175 sq ft
Thane Lanz
Lic. Real Estate Agent 604-765-1490
Vancouver Real Estate Club
22.03 % Est. Net Cash-On-Cash $81,000 Investor Price
Holiday Flip - New Price 2 bed / 2 bath 1,160 sq ft Single Family Beacon Square 3245 Binder Dr, Holiday, FL 34691
Quality of Comparables 17/20
Low High
Level of Rehab 18/20
Heavy Light
Location of Neighborhood 18/20 Far Close Quality of Floor Plan 18/20
Choppy Flowing School Rating 8/10
F A Placement in Neighborhood 8/10
Busy Calm
Property Details This is a completely re-modeled 2 bedroom, 2 bath home with a 1 car
garage. Home consists of carpeted floors with tile in the wet areas. This one
already has many of the upgrades an end user would want, including french
doors that lead into the tiled/screened in lanai. Back yard is fenced and this
one is already occupied at $850 through the end of December 2017.
This property has a lot of options for any investor. Whether you are looking
for a buy and hold with some great equity, or fix and flip, this one offers
great returns either way. Contact your VREC Advisor today for more
information and to schedule a showing!
VancouverRealEstateClub.ca
We Recommend Flip
After Repair Value $125,000
Investor Price $81,000
Closing Costs to Buy $2,500
Rehab Projection $18,500
Utilities $250
Closing Costs to Sell $2,500
Listing Agent Commission $0
$22,750 22.03%
Total Projected Profit Estimated COC
Comps
Listed Pending Sold
3334 KINARD LN $134,900
2 bed / 2 bath17
1,042 sq ft
3607 BROOKSTON DR $129,900
2 bed / 1 bath
1,193 sq ft
3415 ROSEFIELD DR $126,000
3 bed / 2 bath Sold 05/31/17
1,305 sq ft
Thane Lanz
Lic. Real Estate Agent 604-765-1490
Vancouver Real Estate Club
21.90 % Est. Net Cash-On-Cash $67,500 Investor Price
Port Richey Flip 2 bed / 2 bath 1,047 sq ft Single Family Palm Terrace Estates 10824 Inglewood Ave Port Richey, FL 34668
Quality of Comparables 18/20
Low High
Level of Rehab 17/20
Heavy Light
Location of Neighborhood 18/20 Far Close Quality of Floor Plan 18/20
Choppy Flowing School Rating 9/10
F A Placement in Neighborhood 9/10
Busy Calm
Property Details This block home features 2 bedrooms, 2 bathrooms, terrazzo floors, a
Florida room, and a 1 car garage. The roof and A/C have been replaced
about 4 years ago. The home will require updates to the floors, kitchen, and
bathrooms. Comparable homes in the area have sold up to $114 per square
foot! With our ARV projected at just $110 per square foot, there is potential
for an even larger return than you see reflected here. Contact your VREC
advisor today for additional information.
VancouverRealEstateClub.ca
We Recommend Flip
After Repair Value $115,000
Investor Price $67,500
Closing Costs to Buy $2,000
Rehab Projection $19,550
Utilities $250
Closing Costs to Sell $2,000
Listing Agent Commission $4,200
$19,500 21.90%
Total Projected Profit Estimated ROI
Comps
Listed Pending Sold
10240 Amadeus Dr $125,000
Port Richey, FL 34668
2 bed / 2 bath Sold 06/16/17
1,096 sq ft
7406 Johnson Rd $90,000
Port Richey, FL 34668
2 bed / 2 bath Sold 05/05/17
875 sq ft
10834 Premier Ave $83,000
Port Richey, FL 34668
2 bed / 1 bath Sold 05/24/17
946 sq ft
Thane Lanz Lic. Real Estate Agent
604-765-1490 [email protected]
Vancouver Real Estate Club
15.24 % Est. Net Cash-On-Cash $44,900 Investor Price
Duplex Near FSU
4 bed / 2 bath 1,242 sq ft Multi- Family Hutchinson Heights 2068 Holmes St, Tallahassee FL 32310
Occupancy Status 20/20
Low High
Level of Rehab 16/20
Heavy Light
Location of Neighborhood 16/20 Far Close Quality of Floor Plan 15/20
Choppy Flowing School Rating 9/10
F A Placement in Neighborhood 9/10
Busy Calm
Property Details This concrete block duplex is currently tenant occupied and genrating $900
per month in income. Each side rents for $450 and leases are in place.
Great cash-flowing property with equity. Please contact your VREC Advisor
for discount pricing on the entire package of homes.
VancouverRealEstateClub.ca
We Recommend Rent
Rental Income $900 mo. / $10,800 yr.
Investor Price $44,900
Closing Costs to Buy $2,500
Rehab Projection $0
Utilities $600
Property Insurance $1,500 / yr.
Estimated Taxes $879 / yr.
Property Management $1,080 / yr.
Maintenance $500/ yr.
HOA Dues $0 / yr.
$6,841 15.24%
Projected Income Estimated COC
Thane Lanz Lic. Real Estate Agent
604-765-1490 [email protected]
Vancouver Real Estate Club
22.84 % Est. Net Cash-On-Cash $69,500 Investor Price
Brevard Townhome – New Price 2 bed / 1.5 bath 1,236 sq ft Townhome Vista Oaks West 1818 Kaileen Cir NE, Palm Bay FL 32905
Quality of Comparables 18/20
Low High
Level of Rehab 16/20
Heavy Light
Location of Neighborhood 19/20 Far Close Quality of Floor Plan 20/20
Choppy Flowing School Rating 8/10
F A Placement in Neighborhood 8/10
Busy Calm
Property Details Sought after 2 Bedroom, 1.5 Baths townhouse with low HOA in the
desirable Vista Oaks in NE Palm Bay. This property is located in an ideal
part of the city, minutes away from the Indian River, beaches, shops,
grocery stores, restaurants and easy access to I-95. A solid addition to an
investor's portfolio as a rental or a light flip. The property will need a light
cosmetic rehab inside from the kitchen, bathrooms, flooring and new paint to
achieve top dollar, if you decide to flip the home. Brevard County is sizzling
and at this price point this surely will go fast. Call your VREC Advisor today
and don't miss out on this gem.
VancouverRealEstateClub.ca
We Recommend Flip
After Repair Value $118,900
Investor Price $69,500
Closing Costs to Buy $2,500
Rehab Projection $20,500
Utilities $250
Closing Costs to Sell $1,149
Listing Agent Commission $3,873
$21,128 22.84%
Total Projected Profit Estimated COC
Comps
Listed Pending Sold
2517 Patty Circle $110,000
Palm Bay, FL 32905
2 bed / 1.5 bath Sold 05/03/17
1,236 sq ft
1612 Erin Ct $114,900
Palm Bay, FL 32905
2 bed / 1.5 bath
1,236 sq ft
Thane Lanz Lic. Real Estate Agent
604-765-1490 [email protected]
Vancouver Real Estate Club
8.31 % Est. Net Cash-On-Cash $78,400 Investor Price
Rental Villa With Equity
2 bed / 2 bath 988 sq ft Villa Valley Wood 10806 LaQuianta Dr, New Port Richey, FL 34654
Occupancy Status 15/20
Low High
Level of Rehab 15/20
Heavy Light
Location of Neighborhood 15/20 Far Close Quality of Floor Plan 15/20
Choppy Flowing School Rating 7/10
F A Placement in Neighborhood 8/10
Busy Calm
Property Details Beautiful rental villa in New Port Richey. This corner villa is located in the
Valley Wood community and backs up to a nature preserve. Awesome
community with a great pool and golf course. HOA takes care of the roof,
outside painting and landscaping. Resort living near the water. With 2
bedrooms and 2 bathrooms, it's perfect for that tenant wanting a
maintenance free lifestyle. Or keep it for yourself as a vacation or second
home. Be sure to contact your VREC advisor today.
VancouverRealEstateClub.ca
We Recommend Rent
Rental Income $1,000 mo. / $12,000 yr.
Investor Price $78,400
Closing Costs to Buy $2,500
Rehab Projection $4,500
Utilities $0
Property Insurance $500 / yr.
Estimated Taxes $1,176 / yr.
Property Management $1,200 / yr.
Maintenance $500/ yr.
HOA Dues $2,112 / yr.
$6,512 8.31%
Projected Income Estimated COC
Comps
Listed Pending Sold
10646 Millriver Dr $105,000
New Port Richey, FL 34654
2 bed / 2 bath Sold 04/14/17
988 sq ft
10704 Laquinta Dr $105,000
New Port Richey, FL 34654
2 bed / 2 bath Sold 03/08/17
897 sq ft
Thane Lanz Lic. Real Estate Agent
604-765-1490 [email protected]
Vancouver Real Estate Club
10.52 % Est. Net Cash-On-Cash $152,500 Investor Price
Gainesville Quadplex 8 bed / 4 bath 3,184 sq ft Multi- Family Phoenix 2636 SW 33RD PL, GAINESVILLE, FL 32605
Occupancy Status 20/20
Low High
Level of Rehab 16/20
Heavy Light
Location of Neighborhood 17/20 Far Close Quality of Floor Plan 15/20
Choppy Flowing School Rating 9/10
F A Placement in Neighborhood 9/10
Busy Calm
Property Details Do not miss out on this opportunity to own a concrete block Quadplex in
Gainesville, Florida. The property consists of four units that are two beds
and one bath in each unit. The property is located close to the University of
Florida and VA Medical Center with easy access to the Florida Turnpike.
The property is fully occupied with each unit currently rented for $450 a
month or a total of $1,800 monthly. Two of the tenants are on annual
leases with the other two on month to months and have been long term
tenants. The tenants are responsible for water and electric. Contact your
VREC Advisor for more details today.
VancouverRealEstateClub.ca
We Recommend Rent
Rental Income $1,800 mo. / $21,600 yr.
Investor Price $152,500
Closing Costs to Buy $2,500
Rehab Projection $2,200
Utilities $400
Property Insurance $1,000 / yr.
Estimated Taxes $1,502 / yr.
Property Management $2,160 / yr.
Maintenance $400/ yr.
HOA Dues $0 / yr.
$16,538 10.52%
Projected Income Estimated COC
Comps
Listed Pending Sold
3117 SW 26 Way #1-4 $339,000
Gainesville, FL 32608
8 bed / 4 bath
3,348 sq ft
Thane Lanz Lic. Real Estate Agent
604-765-1490 [email protected]
Vancouver Real Estate Club
12.48 % Est. Net Cash-On-Cash $49,900 Investor Price
Lakeland Rental With Nice Return
3 bed / 1 bath 768 sq ft Single Family Weswego Sub 1122 N Brunnell Pkwy Lakeland, FL 33805
Occupancy Status 17/20
Low High
Level of Rehab 19/20
Heavy Light
Location of Neighborhood 18/20 Far Close Quality of Floor Plan 17/20
Choppy Flowing School Rating 8/10
F A Placement in Neighborhood 8/10
Busy Calm
Property Details Available for sale is this very well maintained Lakeland rental property. This
3 bedroom 1 bathroom home built in 1957 has 768 square feet of living
space, fenced in yard, garage, workshop, and was built in 1957. The interior
was recently painted and only requires minor rehab to become rent / move-
in ready. Expect rental income of $750 - $800 month giving buy and hold
investors a Net APY in the ball park of 13% - 14%. Call your VREC adviser
today to learn more and to schedule a showing.
VancouverRealEstateClub.ca
We Recommend Rent
Rental Income $750 mo. / $9,000 yr.
Investor Price $49,900
Closing Costs to Buy $1,300
Rehab Projection $2,500
Utilities $50
Property Insurance $800 / yr.
Estimated Taxes $495 / yr.
Property Management $900 / yr.
Maintenance $100/ yr.
HOA Dues $0 / yr.
$6,705 12.48%
Projected Income Estimated COC
Comps
Listed Pending Sold
1130 Jewel Ave $78,000
Lakeland, FL 33805
3 bed / 2 bath Sold 04/06/17
816 sq ft
1047 N Swindell Ave $130,000
Lakeland, FL 33805
4 bed / 2 bath
1,813 sq ft
Thane Lanz Lic. Real Estate Agent
604-765-1490 [email protected]
Vancouver Real Estate Club
12.37 % Est. Net Cash-On-Cash $17,900 Investor Price
Turnkey Rental Under 18k
2 bed / 1 bath 480 sq ft Single Family 29 Kelly Ave, Quincy, FL 32352
Occupancy Status 18/20
Low High
Level of Rehab 10/20
Heavy Light
Location of Neighborhood 10/20 Far Close Quality of Floor Plan 10/20
Choppy Flowing School Rating 6/10
F A Placement in Neighborhood 6/10
Busy Calm
Property Details This property is located in Quincy, Florida, just outside of Tallahassee. This
home is currently tenant occupied receiving $375 per month. The
property appears to be in fair condition and would make for a good rental.
The tenant has expressed interest in purchasing the property and may be a
good lease-option candidate.
Contact your VREC Advisor for discount pricing on the entire package of
homes.
VancouverRealEstateClub.ca
We Recommend Rent
Rental Income $375 mo. / $4,500 yr.
Investor Price $17,900
Closing Costs to Buy $2,500
Rehab Projection $0
Utilities $300
Property Insurance $1,000 / yr.
Estimated Taxes $277 / yr.
Property Management $450 / yr.
Maintenance $250/ yr.
HOA Dues $0 / yr.
$2,523 12.37%
Projected Income Estimated APY
Thane Lanz Lic. Real Estate Agent
604-765-1490 [email protected]
Vancouver Real Estate Club
28.08% Est. Net Cash-On-Cash $700,000 Investor Price
Undervalued 15 Unit Multifamily in Orlando 30 bed / 15 bath - 10,470 sq ft Built in 1963 Multi-family VAN M MORGANS JEFFERSON ST, ORLANDO, FL 32805
We Recommend Rent
Rental Income $8,630 mo. / $103,560 yr.
Investor Price $700,000
Closing Costs to Buy $2,500
Down Payment (35%) $245,000
Rehab Projection $2,500
Utilities $4,200
Property Insurance $6,683 / yr.
Estimated Taxes $8,713 / yr.
Property Management $10,356 / yr.
Maintenance $9,000 / yr.
HOA Dues $0 / yr.
$68,808 28.08%
Projected Income Estimated COC
w/ Leverage
Property Details
Rare opportunity to pick up a concrete block
apartment complex in Orlando with value-add
opportunity. The property consists of 14 units and one
single family home. Each unit has 2 bedrooms and 1
bathroom with separate electric and water meters and
wall AC units.
There have been recent renovations which include 10
new electrical panels, 5 units completely re-finished
including the single family home, as well as a new roof
on the 6-unit building. Most tenants are on month-to-
month leases and are paying below market rent.
Several of the newer leases are at market rents of
$700.
We recommend introducing rental increases to the
remaining tenants with the goal of averaging $675 per
unit. This increases your monthly income to $10,125
and your Cap Rate to over 12%, giving you a
considerable amount of equity. For more information,
please contact your VREC Advisor.
VancouverRealEstateClub.ca Thane Lanz
Lic. Real Estate Agent 604-765-1490
Vancouver Real Estate Club
Flip Option
After Repair Value $987,000
Investor Price $700,000
Closing Costs to Buy $2,500
Down Payment (35%) $245,000
Rehab Projection $15,000
Utilities $4,200
Closing Costs to Sell $7,500
Listing Agent Commission $24,675
$233,125 95.15%
Total Projected Profit Estimated COC
w/ Leverage
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