Off-Market 2/1 in 34653 — Light Refresh | ARV 225k

Deal: 6312 Limerick Ave, New Port Richey, FL 34653 (Hillandale pocket) Property: 3/2

Deal Summary Purchase Price:

• Purchase: 189k
• Repairs / rehab: 5k (light refresh)
• All-in (before closing/holding): 194k
• Target ARV: 225k (range 220k–230k)
• Earnest Money Deposit (EMD): 5,000
• Closing Date: 3/15/2026 Occupancy:
• Vacant Access: Limited
• Title Company: Clear to Close Title Services, Inc.
• Proof of Funds: Required

Flip numbers

Gross spread (ARV – purchase – repairs):

• At 225k ARV → 225k – 189k – 5k = 31k

After typical buy/sell costs and a reasonable hold budget, projected net profit is roughly (~-1k to ~8k) depending on final sale price, with a mid-case around ~3k at a 225k resale.

Buy-and-hold snapshot (2/1 context)

Current 34653 2/1 rental asks generally support roughly 1.4k–1.8k/month depending on size, condition, and features. Under conservative expense assumptions (vacancy/management/maintenance plus taxes and insurance), this underwrites around a 4%–5% cap rate on cost if held all-cash at 1.4k–1.6k/month rent. Financing will likely be tight on cashflow unless rent and insurance land favorably.

Exit plan

At a 225k ARV, this becomes a thin flip unless you can (a) keep holding + transaction costs tight, or (b) push resale closer to the high end with strong retail finish and clean 2/1 buyer appeal. Hold option is viable but should be underwritten with an insurance quote and a realistic 2/1 rent comp set.

COMPARABLE SALES — TWO-BUCKET METHOD (leave as is)

BUCKET A — UNRENOVATED / DATED

• 6318 Sutherland Ave Dec 2025 189k 744sqft Dated
• 6324 Limerick Ave Nov 2025 198k 840sqft Dated

BUCKET B — FULLY RENOVATED / FLIP

• 6306 Sutherland Ave Jan 2026 , 255K Full Reno
• 6410 Limerick Ave Dec 2025 262k Full Reno

Net profit at ARV = 250k

• Sale price: 225k
• Less sell costs (8%): −18.0k
• Less purchase + rehab: −194k
• Less buy closing (2% of 189k): −3.78k
• Less holding: −6k
• Estimated net profit: ~26.22k

Next Steps

• Contact us if you need more information
• Schedule a property walkthrough (if applicable)
• Make an offer directly on this page
• Sign assignment agreement or a straight direct agreement
• Send EMD within 3 hours of signing the agreement
• Lock up the Deal
• Make MONEY and REPEAT :)

For questions or making a deal happen, call me,

George ‪(954) 282-1367‬

Disclaimers

IMPORTANT: This listing represents an assignment of a purchase contract or direct contract as Double Close (if applicable), not a direct property sale. Buyer is responsible for conducting their own due diligence. All information provided is believed to be accurate, but not guaranteed. This opportunity is offered to qualified real estate investors only. This is not a retail property listing, and no real estate agent relationships are implied or established through this marketing material.

Time-sensitive opportunity - this contract is being offered to multiple investors.