High profit flip!

3362 Chantarene Drive, Pensacola, FL

10.29% return

SP: $320,000

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Property Description

Incredible Investment Opportunity!!! $30k rehab and $430k after repair value! Make $80k on this awesome flip! 2-Story Brick Home in Lovely neighborhood Near Pensacola Country Club Golf Course! Over 3,500 sqft of living space with 3 spacious bedrooms and 3 full bathrooms. Formal dining room with built-in cabinetry. Galley style Kitchen. Downstairs Master Bedroom Suite with a huge walk-in closet. Additional upstairs family room! Plus Deeded access waterfront with paved entertainment area. Sold Comps: 3334 Chantarene Dr. Sold $425K & 3342 Chantarene Dr. Sold $429K.

Property Information

Listing statusCancelled
Property typeSingle Family
Total units1
Total bedrooms3
Total bathrooms3
Building size2769 sq. ft.
Lot size0.0 acres
Year built1995

CountyEscambia County
SubdivisionCHANTARENE
ConstructionBrick
RoofAsphalt Shingle
Water sourceCity water
Water disposalSewer
HeatingCentral
CoolingCentral air

Property Financial Summary

Sale price$320,000
Estimated rehab¹$30,000
Total investment$350,000

TypeActual
After repair value$430,000
Potential profit$80,000

Gross income (annually)$36,000
Operating expenses (annually)$0
Net income (annually)$36,000
Gross return10.29%

Gross income (monthly)$3,000
Operating expenses (monthly)$0
Net income (monthly)$3,000
Net return10.29%

Property Income & ExpensesMonthlyAnnual

Income

3 bed / 3 bath$3,000/month$36,000/year
Total$3,000/month$36,000/year

Expenses

No expense records for this property.

Total$0/month$0/year

Property Questions & Answers

Q: How do I make an offer on this property?
A: Placing an offer is a simple process. All offers must be presented in writing with an escrow deposit of 10% or $5,000, whichever is larger. Escrow has to be sent to the attorney or title company who is handling the file for this property. Please send us an inquiry and one of our team members will get in touch with you to further assist you. You can also give us a call.

Q: Does this property come with clear title?
A: All our properties come with clear title. We highly recommend you purchase title insurance as well.