Easy Rental in Spring Hill! 62323 Talbot Circle

  • House
    1256 ft2
    bedroom 2 Bedrooms
    bathroom 1 Baths
  • Flip/Rental
    $70,000
    Status : Available
    Year Built : 1985
 Description
6323 Talbot Circle 
Spring Hill, FL, 34506

Bedroom: 2
Bath: 1
Sqft: 1,056
Repairs: $10k - $20k
Current Rent : $700/mo
Market Rent : $1,000/mo

ARV: $110k - $130k

Price: $70K cash or hard $ + all closing costs


Spring Hill Rental with Equity! Take a look at this charming 2/1 home that would look great in your rental portfolio. This property is currently tenant occupied on a month to month lease for $700 per month. The tenants have been there for over 7 years. You can either keep the tenants and cash flow immediately or replace them and clean up the property and get higher paying renters. Market rent for this area is $1,000 a month. The roof and a/c were replaced 9 years ago and still have life.  Call now to purchase!


 Rehab Work Needed
 General Amenities
 Distance
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 Summary

Overview
Easy Rental in Spring Hill! 62323 Talbot Circle Flip/Rental
$70,000
Property ID: FL191189207
Address: Login to View
City: Spring Hill
State/Province: FL
Zip Code: 34506
Country: USA


Rental Analysis

+ Purchase Price: $70,000
+ Purchase Closing Cost: $2,100
+ Rehab Cost: $0
Total Acquisition Cost: $72,100


Monthly Rent: $0
+ Annual Potential Rent: $0
- Vacancy (3%): $0
Annual Gross Income: $0
Annual Gross ROI: 0%


Flip Analysis

+ Purchase Price: $70,000
+ Purchase Closing Cost: $2,100
+ Rehab Cost: $20,000
Total Acquisition Cost: $92,100


+ Selling closing cost: $3,600
+ Agent Commision : $3,600
Total Holding Cost: $7,200


Total Flip Cost: $99,300
Projected ARV: $120,000
Net Income (Profit): $20,700
CAP Rate: 20.85%

 Message

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