Easy Rental in Spring Hill! 62323 Talbot Circle

House

1256 ft²

2 Bedrooms

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!

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Summary

Overview

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%

Easy Rental in Spring Hill! 62323 Talbot Circle

Summary

Rental Analysis

Flip Analysis

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