Investor Alert! Consider this fix and flip or fix and hold opportunity, yielding 2,490/month as per HUD (Section 8) for a single family residence. 3 bedroom, 2 bathroom house presents an excellent rehab prospect. Offered at 93.81/sq ft, the property's estimated ARV post renovation stands at 200,000. It requires a new roof (see attached estimate) and has an encroachment issue (see attached survey). Estimated repairs are 40,000, with a total investment of 140,000, leading to 85,000 of instant equity. Terms are cash only, and the encroachment will remain. Anticipate a 10 cap rate on your investment or opt for refinancing and cash out. A single family home in Daytona Beach offers a 10 cap rate with a sales price of only 100. You have the option to fix and hold or fix and flip, potentially realizing an immediate equity of 85.