Cash Flow Duplex

  • House
    1064 ft2
    bedroom 3 Bedrooms
    bathroom 2 Baths
  • Flip/Rental
    $135,000
    Status : Sold
    Year Built : 1951
 Description
Don't wait to long on this one. This Duplex is already cash flowing at 1100 a month which is below market value. It has a 3/1 renting at 775.00 in front, and a 1/1 in the back renting at 325.00 currently. Tenants have been there more the 3 years in both units and are month to month. This can either be a flip or rental. The possibilities are endless. This property is located in 32804.
 Rehab Work Needed
  • Air Conditioning
  • Bathroom
  • Bedroom
  • Floor
  • Kitchen
  • Living Room
  • Master Bedroom
  • Paint Exterior
  • Paint Interior
  • Roof
 General Amenities
 Distance
Image Gallery

 Summary

Overview
Cash Flow Duplex Sold
$135,000
Property ID: FL190425053
Address: Login to View
City: Orlando
State/Province: FL
Zip Code: 32804
Country: USA


Rental Analysis

+ Purchase Price: $135,000
+ Purchase Closing Cost: $4,050
+ Rehab Cost: $15,000
Total Acquisition Cost: $154,050


Monthly Rent: $1,400
+ Annual Potential Rent: $16,800
- Vacancy (0%): $0
Annual Gross Income: $16,800
Annual Gross ROI: 10.91%


Flip Analysis

+ Purchase Price: $135,000
+ Purchase Closing Cost: $4,050
+ Rehab Cost: $35,000
Total Acquisition Cost: $174,050


+ Selling closing cost: $6,900
Total Holding Cost: $6,900


Total Flip Cost: $180,950
Projected ARV: $230,000
Net Income (Profit): $49,050
CAP Rate: 27.11%

 Message

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