Turn Key Off Market Mount Dora Buy and Hold

  • House
    1112 ft2
    bedroom 3 Bedrooms
    bathroom 2 Baths
  • Rental
    $90,000 0
    Status : Sold
    Year Built : 1930
 Description
Property Description: Opportunities like this one rarely pop up in the desirable area of Downtown Mount Dora but now is your chance to own 2 properties on one lot that will bring in a nice return each month on your investment. Tenants are currently month to month which currently pay a total of 1000/month. Once your the new proud owner of these beauties you can easily raise to 1250/month earning you at least a whopping 15.35% ROI. If you decide to update the properties you can easily raise higher earning a even Greater return! You cannot go wrong with this one. Mount Dora continues to grow and the need for affordable rental properties will never end. Call now before someone beats you to it!! Will Not Last...

Property features include: 2 Turn key rental properties with sturdy metal roof in a great location.  Call or email for more details.  This property is certain to sell quickly!

Rental Rehab: 0k-5k
Currently does not need anything. The 2/1 has window units that are in working condition but there is a HVAC onsite that needs repair/replace.
 Rehab Work Needed
  • Heater
 General Amenities
 Distance
Comparables (Comps.)

Comparable #1

722 Grant Ave Mount Dora, FL 32757, Orlando, FL, USA, 32757

Sold : $19,900

Image Gallery

 Summary

Overview
Turn Key Off Market Mount Dora Buy and Hold Sold
$90,000
Property ID: FL181138440
Address: Login to View
City: Orlando
State/Province: FL
Zip Code: 32757
Country: USA


Rental Analysis

+ Purchase Price: $90,000
+ Purchase Closing Cost: $3,150
+ Rehab Cost: $5,000
Total Acquisition Cost: $98,150


Monthly Rent: $1,250
+ Annual Potential Rent: $15,000
- Vacancy (0%): $0
Annual Gross Income: $15,000
Annual Gross ROI: 15.28%


 Message

6 - 9 = ?