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 Off Market 3 Or 2 Condo under 50k in Orlando 32839

  • Condo
    1308 ft2
    bedroom 3 Bedrooms
    bathroom 2 Baths
  • Flip/Rental
    $49,900
    Status : Available
    Year Built : 1974
 Description
Property is vacant.  There are no appliances in place.  Cosmetic upgrade needed.  Verifying to see if HOA is $35 a month

Setting up appointment to take pictures and do showing
 Rehab Work Needed
  • Appliances
  • Bathroom
  • Bedroom
  • Floor
  • Kitchen
  • Light Fixtures
  • Living Room
 General Amenities
 Distance
Location Map
Image Gallery
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 Summary

Overview
Off Market 3 Or 2 Condo under 50k in Orlando 32839 Flip/Rental
$49,900
Property ID: FL200198447
Address: Login to View
City: Orlando
State/Province: FL
Zip Code: 32839
Country: USA


Rental Analysis

+ Purchase Price: $49,900
+ Purchase Closing Cost: $1,497
+ Rehab Cost: $10,000
Total Acquisition Cost: $61,397


Monthly Rent: $1,200
+ Annual Potential Rent: $14,400
- Vacancy (3%): $432
Annual Gross Income: $13,968
Annual Gross ROI: 22.75%


Flip Analysis

+ Purchase Price: $49,900
+ Purchase Closing Cost: $1,497
+ Rehab Cost: $15,000
Total Acquisition Cost: $66,397


+ Selling closing cost: $2,250
+ Agent Commision : $2,250
Total Holding Cost: $4,500


Total Flip Cost: $70,897
Projected ARV: $75,000
Net Income (Profit): $4,103
CAP Rate: 5.79%

 Message

1 + 10 = ?