Mount Dora, FL – SFH 2/2.5 Quick Flip or Rental

Contact Michael Ilhardt, Dispositions Manager!

mike@propertypulse.io  *  321-613-6474

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PROPERTY SUMMARY

• Type:  Single Family Home
• County:  Lake County
• Beds:  2
• Baths:  2.5
• Living:  2,347 sf
• Lot:  15,682 sf
• Year:  1950
• Exterior:  Block
• Parking:  Attached 1-car garage
• Pool:  No
• Utilities:  City Water/Sewer
• HOA:  No

INVESTMENT SUMMARY

• Wholesale Price:  $320,000 +cc
• Potential ARV:  $425,000
• Gross Margin:  $105,000
• Potential Rent:  $2,500 /month
• Estimated Rehab:  $70,000 – $80,000

REHAB

• Roof:  10 years old, needs replacement
• HVAC:  2 years old per seller
• Plumbing:  No known issues
• Electrical:  No known issues
• Windows:  Original
• Exterior:  Landscaping, Curb Appeal, Paint – Needs Work
• Interior:  Kitchen, Baths, Flooring, Fixtures, Trim, Paint – Needs Work

SOLD COMPS

• 2031 Morningside Dr (3 beds / 3 baths, 2,148 sqft, built 1956) — Sold for $465,000 on 02/25/25 — Good Condition
• 2301 Washington Rd (2 beds / 2 baths, 1,568 sqft, built 1952) — Sold for $415,000 on 06/06/25 — Renovated

RENT COMPS

• 408 Sassafras Ln (3 beds / 2.5 baths, 2,829 sqft, built 1983) — Rent for $2,700/month

CLOSING & ACCESS

• Closing:  10/06/2025 – on or before
• EMD:  $10,000 – refundable only if no clear title
• Escrow:  Beaman & Clark Law Firm – buyer pays all closing costs
• Financing:  Cash/Private/Hard Money Only – no financing contingencies
• Occupancy:  Owner Occupied – do not disturb occupants
• POF:  Proof of Funds Required Before Access – send to mike@propertypulse.io
• Access:  By Appointment Only – contact Michael 321-613-6474

MUST READ:

• Buyer must verify all info; We assume NO liability
• AS-IS Sale, No Contingencies; Due diligence before assignment
• Assignment of contract; Purchase contract & memorandum in place
• We are acting as principals, not as brokers; NO representation made to any party
• DO NOT contact seller/occupants; Legal action if violated
• NO marketing without approval; Realtors & Wholesalers – contact us directly