Property Report: Lakewood Ranch Property FIX & FLIP

Property Report :

Lakewood Ranch Property

7730 Jaywatch Glen, Bradenton, FL 34202

Created on: Apr 16, 2025

Author: Jon Sullivan

7730 Jaywatch Glen, Bradenton, FL 34202

Singlefamily: 7 rooms: 4 bedrooms , 3 bathrooms

Year built: 2002, Size: 3321 SF

Investment strategy: Fix and Flip

Pool home with 4 bedrooms and 3 baths. Split plan including a mother in law suite. 2 car garage.

Purchase Price$ 350,000
Rehab Estimate$ 200,000
Project Profit$ 99,705
After Repair Value$ 700,000

Investment Summary

After Repair Value $ 700,000
Calculated Project Profit $ 99,705
70% Rule
78.57 %
Return on Investment 17.86 %
Project Term 5 months

Financial Breakdown

Total Capital Needed
$ 558,295
Financing $ 0
Total Cash Needed
$ 558,295
JavaScript chart by amCharts 3.20.13

Project Cost Breakdown

Purchase Costs
Purchase Price $ 350,000
Buying Costs $ 4,000
Total $ 354,000
Repair Costs
Repair Costs Lump Sum $ 200,000
Total $ 200,000
Holding Costs
Monthly Holding Costs $ 859
Total Months Held 5
Total $ 4,295
Selling Costs
Commissions (6%) $ 42,000
Selling Costs $ 0
Total $ 42,000

BURNOUT...Prime Location..Panther Ridge The Preserve! Awesome Single Acreage Homes, Foot Trails, Parks and Sistered to the other Panther Ridge communities with Tennis Courts, Baseball Fields, Basketball, Pavillions and More!! This Home has an Excellent Footprint with Split Bedrooms, an Inlaw Setup at the Rear of the Home with Bdrm, Bath and Living Area, Master Suite is Private with Doors to the Pool! Two Additional Bedrooms with Shared Bath, Large Kitchen that Opens to the Family Room, Split Formals and a Huge Flex Room Up with a Half Bath! So Much Potential in this Home. Must Be Taken Back to Stud Throughout, The Garage is a Complete Reconstruction, as that is where the fire started and it blew up. There will be a Need to Replace Some of the Trusses from the Fire, All Electrical and Plumbing...Basically it will be like Taking Over A Partially Built Home. The Lot is Super Nice with Great Landscaping. The Pool Equipment is Fried but the Pool Appears to Need to only be Acid Washed and then Hooked up with New Equipment.

Purchase Price $ 350,000
Address 7730 Jaywatch Glen , Bradenton, 34202, FL
Year Built 2002
Type Singlefamily
Size 3321 SF
Bedrooms 4
Bathrooms 3
Rooms Total 7
Month 012345
Purchase/Sale $ -350,000 $ 700,000
Closing Costs $ 4,000 $ -42,000
Holding Costs $ -859 $ -859 $ -859 $ -859 $ -859
Rehab Draws $ -66,667 $ -66,667 $ -66,667
Cash Flow $ -354,000 $ -67,526 $ -67,526 $ -67,526 $ -859 $ 657,141

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