Here is a 3 bed 3 bath 1,966 SQFT pool flip in the Rio Grande / Clear Lake area of Orlando. There was a 3rd bathroom recently added so this house features 2 master suites.
The house is in good condition and will really only need a moderate rehab. A lot of the big ticket items have been done. The roof is 9 years old and in good condition, AC is 3 years old, electric is good and windows are double paned and were installed in past few years. Rehab includes flooring, new stove (fridge and dishwasher a stainless), kitchen updates, 2 bathrooms and paint. Rehab will not need to be super high end to compare with the other renovations sold in the area.
We have a very conservative ARV of $259k. That puts this at $131/SQFT which is $10/SQFT less than any of the fully renovated comps and none of them had pools. This is a can’t miss deal that will sell quick!