Multi family in Pine Hills

  • House
    1627 ft2
    bedroom 4 Bedrooms
    bathroom 2 Baths
  • Flip/Rental
    $109,900
    Status : Sold
    Year Built : 1956
 Description
Paint, New AC Wall Units, Cosmetics, Cleaning Property Description: This property has a 3/1 and 1/1. The 3/1 gets $1200 monthly and the 1/1 is getting $800 monthly Utilities are paid by owner running $150 - $250 per month. Just off Pine Hills Dr and close to Colonial Dr.
 Rehab Work Needed
 General Amenities
 Distance

 Summary

Overview
Multi family in Pine Hills Sold
$109,900
Property ID: FL190128333
Address: Login to View
City: Orlando
State/Province: FL
Zip Code: 32808
Country: USA


Rental Analysis

+ Purchase Price: $109,900
+ Purchase Closing Cost: $3,297
+ Rehab Cost: $4,000
Total Acquisition Cost: $117,197


Monthly Rent: $2,000
+ Annual Potential Rent: $24,000
- Vacancy (3%): $720
Annual Gross Income: $23,280
Annual Gross ROI: 19.86%


Flip Analysis

+ Purchase Price: $109,900
+ Purchase Closing Cost: $3,297
+ Rehab Cost: $4,000
Total Acquisition Cost: $117,197


+ Selling closing cost: $4,650
+ Agent Commision : $4,650
Total Holding Cost: $9,300


Total Flip Cost: $126,497
Projected ARV: $155,000
Net Income (Profit): $28,503
CAP Rate: 22.53%

 Message

6 + 9 = ?