MFH Triplex 2/1 with 1,365 SF in Riviera Beach. Estimated repairs $60K. Strong ARV of $450,000 offers 33% equity spread. Potential 13.6% gross rent yield at $3,400/mo. Wholesaler-vetted deal from Home Venture Investments.
2 Beds
1 Baths
1,365 Sqft
Built 1952
MFH Triplex
Asking
$270K
Wholesaler Price
ARV
$450K
Wholesaler Estimate
Spread
$180K
60¢ on the dollar
ARV Comparison
Wholesaler ARV
$450K
60¢ on the dollar
Rocket ARV
$414K
65¢ on the dollar
Overview
Big Tickets
Roof
Not verified Impact Windows
Not verified HVAC
Not verified Water Heater
Not verified
Not verified Impact Windows
Not verified HVAC
Not verified Water Heater
Not verified
Property Details
Public Records
1
Stories
Concrete Block / Stucco
Exterior
Asphalt
Roof Type
Highlights
$150K spread
ARV $450K
$60K repairs
$3,400/mo rent
Multi-family
Sales Comps
Rocket
Subject
Comp
Rental Income
Rocket
$2,470/mo
Market Rent Estimate
$2,100
$2,830
$29,640
Annual Rent
11.0%
Gross Yield
$1.81
Rent/Sqft
$1235
Per Bedroom
