Updated Kissimmee Cash Cow Rental - 1019 Royal Street

  • Villa
    1740 ft2
    bedroom 4 Bedrooms
    bathroom 2 Baths
  • Rental
    $229,900 0
    Status : Available
    Year Built : 1935
 Description
 Updated Kissimmee Cash-Cow Rental

1019 Royal St #1019 & #1017
Kissimmee, FL 34744

Price: $229,900

Bedroom: 4
Bath: 2
Ext Const: Stucco
Garage: None Built: 1935
Sqft: 1740
Ppsf: 132.12
Tax/Yr: 886
Septic/Sewer: Sewer
HOA: None
County: Osceola
Rent = 2100/Month
Gross Rent ROI: 11


Property Description:  Wow look at this income property in Kissimmee that’s ready to start cash flowing for the investor that jumps on this deal.  This is the cheapest multi-family property available in Kissimmee by over $25k, and all the work has already been done.  In the last 6 months, only 2 multi-family properties have closed in Kissimmee for a lower sales price.  This also represents the best potential return on investment seen for a multi-family deal in over 6 months in Kissimmee.  Property has some versatility as it is a duplex but could easily converted to a 4 bed / 2 bath single-family home as well.  Low taxes, no HOA, and no work needed make this an income deal hard to pass up.  

Property Features Include: Tile and laminate flooring throughout, updated bathrooms, updated kitchens with new SS appliances, new fixtures and interior/exterior paint, central AC, public sewer, plenty of parking, covered entry way, separate electric meters, one water meter, ¼ acre corner lot, convenient location to Downtown Kissimmee, Irlo Bronson Highway, shopping, dining, and Walt Disney World and Resort Properties.  

Rent Rehab:  None Expected: Property is updated and ready for rent immediately
 Rehab Work Needed
 General Amenities
 Distance
Image Gallery

 Summary

Overview
Updated Kissimmee Cash Cow Rental - 1019 Royal Street Rental
$229,900
Property ID: FL19095350
Address: Login to View
City: Kissimmee
State/Province: FL
Zip Code: 34744
Country: USA


Rental Analysis

+ Purchase Price: $229,900
+ Purchase Closing Cost: $6,897
+ Rehab Cost: $0
Total Acquisition Cost: $236,797


Monthly Rent: $2,100
+ Annual Potential Rent: $25,200
- Vacancy (3%): $756
Annual Gross Income: $24,444
Annual Gross ROI: 10.32%


 Message

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