High profit flip!
3362 Chantarene Drive, Pensacola, FL
10.29% return
LP:
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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 bedrooms3
  • Total bathrooms3
  • Building size2769 sq. ft.
  • Lot size(unknown)
  • Year built1995
  • CountyEscambia County
  • SubdivisionCHANTARENE
  • ConstructionBrick
  • RoofShingle
  • Water sourceCity
  • Water disposalSewer
  • HeatingCentral
  • CoolingCentral air

Property Financial Summary

  • Asking price $320,000
  • Estimated rehab 1 $30,000
  • Total investment $350,000
  • Type Actual
  • After repair value $430,000
  • Potential profit $80,000
  • Gross income (annually) $36,000
  • Operating expenses (annually) $0
  • Net income (annually) $36,000
  • Gross return 10.29%
  • Gross income (monthly) $3,000
  • Operating expenses (monthly) $0
  • Net income (monthly) $3,000
  • Net return 10.29%

Property Income & Expenses

  • Income
  • Entire property $3,000/month
  • Total $3,000/month
  • Expenses
  • No expense records for this property.
  • Total $0/month

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 the 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.

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