770 Manor Dr, Bartow, FL 33830
Great opportunity in Manor Dr, Bartow!
This Bartow home consists of 3 bd/ 2 ba/ 2,123 sqft of living space on a 0.51 Acres lot. Don’t miss out on this great opportunity!
Investment and Property Details
At StrandPark Properties, we believe in creating win-win opportunities. By allowing our clients to sponsor rehab projects, we not only share the financial success but also foster a collaborative partnership. While we have the resources to fund these projects ourselves, we value the insights and involvement of our clients. This unique approach allows you to earn 50% return on your investment when the property is flipped, making it a lucrative opportunity for everyone involved. Explore our current deals and join us in transforming properties into profitable ventures.
Purchase price:
$207,000
After Repair Value:
$365,000
Investment Duration:
32 Days
Return on Investment:
50%
Rehab Cost
20,250
Agreed Purchase Price:
The end buyer has agreed to purchase the property for $345,000 and has made a 20% non refundable deposit towards the ARV.
Security
Rock-solid, legally binding joint venture agreement guaranteeing your investment return and protection regardless of project outcome.
Lead Contractor
Stacey Alonso
Rehab Cost Breakdown
1. General
- Inspection & Assessment:
- Pest Inspection: $200
- Soil Testing: $250
- Permits: $1,000
- Total: $1,450
2. Interior Rehab (Prioritizing Cost-Effectiveness)
- Kitchen:
- Cabinets (Reface): $2,500
- Countertops: $1,500
- Backsplash: $300
- Appliances: $2,000 (Energy-efficient models)
- Flooring: $1,500 (LVP in high-traffic areas)
- Total: $7,800
- Bathroom:
- Vanity & Toilet: $1,000
- Shower/Tub (Re-tile): $1,000
- Flooring: $500
- Lighting: $150
- Total: $2,650
- Living Areas:
- Flooring (Partial – high-traffic areas): $1,000
- Paint: $800 (Use budget-friendly paint)
- Lighting: $300
- Window Treatments: $300
- Total: $2,400
- Other:
- HVAC (Minor Repairs): $750
- Electrical (Minor Upgrades): $300
- Plumbing (Minor Repairs): $300
- Total: $1,350
3. Exterior Rehab (Focusing on Curb Appeal)
- Roof (Minor Repairs): $300
- Gutter & Downspout Cleaning: $150
- Total: $450
- Siding:
- Cleaning: $150
- Minor Repairs: $300
- Total: $450
- Windows & Doors (Cleaning & Minor Repairs): $150
- Landscaping:
- Lawn Care (Basic): $300
- Shrub Trimming (Basic): $200
- Driveway Sealing: $150
- Curb Appeal (Simple flower beds, mulch): $300
- Total: $950
4. Energy Efficiency
- Insulation (Minor Upgrades): $300
- Lighting (LED Upgrade): $300
- Total: $600
Contingency: $2,000
Total Estimated Cost: $20,250