Spring Hill, FL – 2/1.5 Great Potential rental or flip!

Contact Michael Ilhardt, Dispositions Manager!

mike@propertypulse.io  *  321-613-6474

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PROPERTY SUMMARY

• Type:  Single Family Home
• County:  Hernando
• Beds:  2
• Baths:  1.5
• Living:  1067 sf
• Lot:  7628 sf
• Year:  1979
• Pool: No
• Exterior:  Block
• Utilities:  City Water/Sewer
• Flood Zone:  No
• HOA:  No

CLOSING & ACCESS

• Closing:  7/18/25
• EMD:  $10,000
• Occupancy:  Owner Occupied – Will vacate
• Access:  By Appointment Only (proof of funds required beforehand)

INVESTMENT SUMMARY

• Wholesale Price:  $169,000 +cc
• Potential ARV:  $250,000
• Gross Margin:  $81,000
• Potential Rent:  $1,650/month
• Estimated Rehab:  $30,000 – $40,000

REHAB SUMMARY

• Roof:  5 years old per seller
• HVAC: 5 years old per seller
• Plumbing:  No known issues
• Electrical:  No known issues
• Exterior:  Some landscaping needed and fresh paint
• Interior:  Updates to the kitchen, bathrooms and flooring.

SOLD COMPS

• 5120 Landover Blvd (2/2, 1,062 sf, 1980 year) — Sold for $248K (4/24/25) — Renovated
• 5121 Bromley Ave (2/2, 1,315 sf, 1980 year) — Sold for $250K (3/4/25) — Fully Renovated
• 12252 Verona St (2/1, 1,100 sf, 1984 year) — Sold for $230K (6/10/25) — Fully Renovated

RENT COMPS

• 4503 Higate Rd (2/2, 1,025 sf, 1979 year) — Rent for $1,650/month

MUST READ:

• $5,000-$10,000 Earnest Money Deposit (refundable ONLY if clear title cannot be conveyed).
• Buyer pays ALL closing costs. Closing MUST be with our escrow company.
• Cash or Private/Hard Money Only. NO financing contingencies.
• Walkthroughs by Appointment Only. DO NOT disturb occupants.
• Property sold AS-IS, No Contingencies. Conduct due diligence prior to assignment.
• Buyer must verify all information independently. We assume NO liability for accuracy.
• DO NOT contact the seller. Unauthorized contact will result in legal action.
• We are acting as a principal, not as a broker. NO representation is made to any party.
• This is an assignment of contract. A legally binding purchase contract and memorandum have been signed with the seller, giving our company exclusive rights to purchase this property.
• We DO NOT grant anyone permission to market this property without our approval. Realtors and Wholesalers – contact us directly.