Investment Analysis

Rocket

Asking Price

$307K

Wholesaler Price

Est. ARV

$458K

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 Spread
$151K
67¢ on the dollar

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Rental Income

RentCast

$3,170/mo

Market Rent · Mar 2026

$2,810

$3,540

$38,040

Annual Rent

12.4%

Gross Yield

$2.73

Rent / Sqft

$793

Per Bedroom

Property Details

4beds

2baths

1,162sqft

6,825lot sqft

1972built

TypeSingle Family

Stories1

ExteriorShingle

RoofComposition Shingle · Gable/hip

ConstructionWood frame · Slab

FlooringConcrete/Cement

Lot Frontage66 ft · 6,825 sqft (0.16 acres)

ZoningRS-8

SubdivisionHILLMONT-MIDDLE RIVER VISTA

PoolNo

ConditionAverage

Deal Highlights

Contact for details

Overview

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Big Ticket Items & Permit History

Verified

Roof

1 yr

2025 · Composition shingle

Permitted

A/C

Unknown

No records found

Unverified

Impact Windows

Unknown

No records found

Unverified

Water Heater

Unknown

No records found

Unverified

Permit History

2 closed 0 open

Abandon septic tank connect to sewerSep 2009

$1,650

✓ Complete

Burglar alarmOct 1997

$100

✓ Complete

Abandon septic tank connect to sewerSep 2009

$1,650

✓ Complete

Removal of the existing roofing materials: shingles inspect the roof deck to ensure it's in good condition install new roofing materials: asphalt shingles repairs the underlying structure if needed: install new flashing vents gutters and any other necessary components materials: gaf â€“ architectural color barkwood underlayment - double 30 pounds felt flashing materials - metal ridge vents pipe boots or other accessories timeline: estimated start 4/12/25 - finish 4/25 labor and equipment: needed permits and inspections required by the city of fort lauderdale cost and payment terms: $10.250 â€“ 50% to start and 50% at the endApr 2025

$10,250

✓ Complete

Show 1 more permits ▾

No Code Violations

No Open Cases

Equity, Debt & Value Allocation

Rocket

Based on Asking Price

$306,900

Loans $76,963 | LTV 25.1% Equity $229,937 | ETV 74.9%

1ST MORTGAGE

$76,963

AVAILABLE EQUITY

$229,937

Value Breakdown $357,750

Land $20,480 | 5.7% Building $337,270 | 94.3%

Assessed Value '24

$357,750

Annual Tax '24

$5,171.03

Effective Tax Rate

1.45%

Homestead

✗ No

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Quick Numbers

Asking Price$306,900

Rocket ARV$457,633

Spread$150,733

Cents on Dollar67¢

Est. Rent$3,170/mo

Gross Yield12.4%

Annual Tax$5,171

Year Built1972