GREAT TURN KEY DUPLEX WITH EVEN BETTER RETURNS

  • House
    970 ft2
    bedroom 2 Bedrooms
    bathroom 1 Baths
  • Flip/Rental
    $48,900
    Status : Sold
    Year Built : 1940
 Description
***THIS PROPERTY HAS BEEN SOLD***
 Rehab Work Needed
 General Amenities
 Distance
Image Gallery

 Summary

Overview
GREAT TURN KEY DUPLEX WITH EVEN BETTER RETURNS Sold
$48,900
Property ID: 5b8462c64b8f0
Address: Login to View
City: Orlando
State/Province: FL
Zip Code: 32703
Country: USA


Rental Analysis

+ Purchase Price: $48,900
+ Purchase Closing Cost: $1,712
+ Rehab Cost: $0
Total Acquisition Cost: $50,612


Monthly Rent: $900
+ Annual Potential Rent: $10,800
- Vacancy (0%): $0
Annual Gross Income: $10,800
Annual Gross ROI: 21.34%


Flip Analysis

+ Purchase Price: $48,900
+ Purchase Closing Cost: $1,467
+ Rehab Cost: $30,000
Total Acquisition Cost: $80,367


+ Selling closing cost: $3,000
+ Insurance (6 Months) : $395
Total Holding Cost: $3,395


Total Flip Cost: $83,762
Projected ARV: $100,000
Net Income (Profit): $16,238
CAP Rate: 19.39%

 Message

8 - 2 = ?