Cash Flowing Rental w High Returns and Lots of Equity

  • House
    1234 acre
    bedroom 4 Bedrooms
    bathroom 2 Baths
  • Rental
    $90,900 0
    Status : Sold
    Year Built : 1939
 Description
Property Overview:
~ 24k in Equity                     
~ Income producing w/ 2 fully rented units
~ Two- 2/1 apartments currently bringing in a total of 1,550 for month grossing 18,600 per yr.
~ Tenants are currently on a month to month basis   
~ Current Rent: 775.00/mo/per unit
 

Property Features: 
~ Sturdy Metal Roof
~ Well maintained appliances
~ New septic tank in 2016
~Minutes away from  new Poinciana Sun Rail Station

Rental Rehab: 2-10k 
~ Interior/ exterior paint 
~ Kitchen/ bath updating
 Rehab Work Needed
 General Amenities
 Distance

 Summary

Overview
Cash Flowing Rental w High Returns and Lots of Equity Sold
$90,900
Property ID: 5bc943ccaae43
Address: Login to View
City: No parent
State/Province: FL
Zip Code: 33848
Country: USA


Rental Analysis

+ Purchase Price: $90,900
+ Purchase Closing Cost: $0
+ Rehab Cost: $2,000
Total Acquisition Cost: $92,900


Monthly Rent: $775
+ Annual Potential Rent: $9,300
- Vacancy (0%): $0
Annual Gross Income: $9,300
Annual Gross ROI: 10.01%


 Message

1 X 3 = ?