Please Wait...
Your transaction is in process, please do not click on browser's back button or reload the page

Logo

 Great Rental in a Hot Area!

  • House
    1000 ft2
    bedroom 3 Bedrooms
    bathroom 1 Baths
  • Flip/Rental
    $115,000
    Status : Sold
    Year Built : 1984
 Description
Off-Market! 3/1 Home in the hot Kissimmee market. This investment would make a great rental with flip potential. This house is needs light to medium work depending if you want to rent or flip it. The roof is in ok condition for a rental and has been patched before but it is older and might need to be replaced for a flip.  A/C is running cool. Electrical seems ok but please check. There might be some plumbing issue from the bathroom running water to the kitchen so will probably need token taken care of. Concrete slab on the back of the house might need to be checked since it has some cracks from roots of an older tree. Other than that the house needs a few other light fixes here and there. This house is on septic. The backyard is spacious and the lot might be able to use as commercial since there are other business in the area. 
 Rehab Work Needed
  • Bathroom
  • Kitchen
  • Yard
 General Amenities
 Distance
Comparables (Comps.)

Comparable #1

2516 Highland Ave, Orlando, FL, USA, 34744

Sold : $166,500

Location Map
Image Gallery
1536104404_437801311_WhatsApp_Image_2018-08-29_at_10.00_.27_PM_.jpeg
1536104436_122618173_WhatsApp_Image_2018-08-29_at_10.00_.28_PM_(1)_.jpeg
1536104437_702149319_WhatsApp_Image_2018-08-29_at_10.00_.28_PM_.jpeg
1536104438_425677867_WhatsApp_Image_2018-08-29_at_10.00_.29_PM_.jpeg
1536104439_333857533_WhatsApp_Image_2018-08-29_at_10.00_.30_PM_.jpeg
1536104439_523015826_WhatsApp_Image_2018-08-29_at_10.00_.31_PM_.jpeg
1536104440_734799965_WhatsApp_Image_2018-08-29_at_10.00_.32_PM_(1)_.jpeg
1536104440_90526649_WhatsApp_Image_2018-08-29_at_10.00_.32_PM_(3)_.jpeg
1536104441_225955198_WhatsApp_Image_2018-08-29_at_10.00_.32_PM_.jpeg
1536104441_515247512_WhatsApp_Image_2018-08-29_at_10.00_.34_PM_(1)_.jpeg
1536104441_220981099_WhatsApp_Image_2018-08-29_at_10.00_.34_PM_(2)_.jpeg
1536104442_506225746_WhatsApp_Image_2018-08-29_at_10.00_.34_PM_.jpeg
1536104442_183154300_WhatsApp_Image_2018-08-29_at_10.00_.35_PM_.jpeg
1536104443_460915643_WhatsApp_Image_2018-08-29_at_10.00_.36_PM_(2)_.jpeg
1536104445_210494605_WhatsApp_Image_2018-08-29_at_10.00_.37_PM_.jpeg
1536104445_461967221_WhatsApp_Image_2018-08-29_at_10.00_.38_PM_(1)_.jpeg
1536104446_503760263_WhatsApp_Image_2018-08-29_at_10.00_.38_PM_.jpeg
1536104448_728042230_WhatsApp_Image_2018-08-29_at_10.00_.42_PM_(1)_.jpeg
1536104448_523306435_WhatsApp_Image_2018-08-29_at_10.01_.27_PM_(1)_.jpeg
1536104449_303083768_WhatsApp_Image_2018-08-29_at_10.01_.27_PM_.jpeg
1536104450_81729929_WhatsApp_Image_2018-08-29_at_10.01_.30_PM_(1)_.jpeg
1536104451_543601135_WhatsApp_Image_2018-08-29_at_10.01_.30_PM_.jpeg
1536104452_273504222_WhatsApp_Image_2018-08-29_at_10.01_.32_PM_(1)_.jpeg
1536104452_509776746_WhatsApp_Image_2018-08-29_at_10.01_.32_PM_.jpeg

 Summary

Overview
Great Rental in a Hot Area! Sold
$115,000
Property ID: 5b8f1831ad15b
Address: Login to View
City: Orlando
State/Province: FL
Zip Code: 34744
Country: USA


Rental Analysis

+ Purchase Price: $115,000
+ Purchase Closing Cost: $3,450
+ Rehab Cost: $5,000
Total Acquisition Cost: $123,450


Monthly Rent: $1,100
+ Annual Potential Rent: $13,200
- Vacancy (0%): $0
Annual Gross Income: $13,200
Annual Gross ROI: 10.69%


Flip Analysis

+ Purchase Price: $115,000
+ Purchase Closing Cost: $3,450
+ Rehab Cost: $15,000
Total Acquisition Cost: $133,450


+ Selling closing cost: $4,200
Total Holding Cost: $4,200


Total Flip Cost: $137,650
Projected ARV: $140,000
Net Income (Profit): $2,350
CAP Rate: 1.71%

 Message

1 X 4 = ?