Off Market Buy and Hold Under 85K -14% ROI

  • House
    1312 ft2
    bedroom 3 Bedrooms
    bathroom 2 Baths
  • Rental
    $84,900 0
    Status : Sold
    Year Built : 1922
 Description
Property Description: If you've never thought of branching out of Orange County well now is the time to do so. This off market Lake County 2 bed 2 bath could be your next money maker. This investment can easily bring in 1100+ per month earning you a whopping 14% return. And if you wanted to invest a little more and re install the wall and the door opening for your 3rd bedroom (closets already in place) this will easily make the rent jump to 1200 per month earning 15.5%. Those are HUGE numbers you do not want to miss out on. Call Today!!

Property features include: a sturdy yet aged metal roof. In need of small porch repair, a fridge and a stove to put your next tenants in place. Call or email for more details.  This property is certain to sell quickly!

Rental Rehab: 3k-5k
Appliances and small porch repair and possibly adding a wall and opening back up the 3rd bedroom entrance.
 Rehab Work Needed
  • Appliances
  • Bedroom
  • Paint Exterior
  • Paint Interior
  • Yard
 General Amenities
 Distance
Comparables (Comps.)

Comparable #1

416 Euclid Ave, Orlando, FL, USA, 34748

Sold : $125,000

Image Gallery

 Summary

Overview
Off Market Buy and Hold Under 85K -14% ROI Sold
$84,900
Property ID: 5b7c5198ba3c0
Address: Login to View
City: Orlando
State/Province: FL
Zip Code: 34748
Country: USA


Rental Analysis

+ Purchase Price: $84,900
+ Purchase Closing Cost: $2,972
+ Rehab Cost: $3,000
Total Acquisition Cost: $90,872


Monthly Rent: $1,100
+ Annual Potential Rent: $13,200
- Vacancy (0%): $0
Annual Gross Income: $13,200
Annual Gross ROI: 14.53%


 Message

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