2214 Wilshire Dr, Dunedin, FL 34698
Great opportunity in Wilshire Dr, Dunedin!
This Dunedin home consists of 3 bd/ 2 ba/ 1,584 sqft of living space on a 7,500 sqft 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 55% 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:
$370,000
After Repair Value:
$550,000
Investment Duration:
35 Days
Return on Investment:
55%
Rehab Cost
$22,350
Agreed Purchase Price:
The end buyer has agreed to purchase the property for $535,000 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
Tyler Walker
Rehab Cost Breakdown
- Landscaping:
- Basic cleanup: $750 (trimming bushes, pulling weeds, removing debris)
- Mulching: $500
- Planting: $500
- Clearing: $1,000
Interior:
- Kitchen:
- Countertops: $2,000
- Backsplash: $1,000
- Cabinet Repainting: $1,000
- Flooring: $1,000
- Bathrooms:
- Vanities and Sinks: $500 (prefabricated vanity and sink)
- Tile Work: $1,000 (shower/tub tile and labor)
- Toilets: $200 (basic toilet replacement)
- Repainting: $900 (labor and paint)
- Flooring: $1,000
- Living Areas:
- Repainting: $1,000 (labor and paint)
- Flooring: $1,000
Mechanical Systems:
- HVAC: $2,500 (system inspection, potential replacement of components)
- Electrical: $2,000 (panel upgrade, wiring repairs, outlet/switch replacements)
- Plumbing: $2,000 (pipe replacement, fixture upgrades)
- Drywall Repair: $1,000 (repairing holes, patching, taping, and sanding)
Additional Costs:
- Permits and Inspections: $1,000 (building permits, electrical and plumbing inspections)
- Contingency Fund: $5,000 (buffer for unexpected costs, material price increases)
Total rehab cost: $22,350