Saturday, August 29, 2009

Bank Owned 3/1 Very Clean Investment Home in Ocoee

Click on Image to Enlarge

Financial Analysis
Price $57,000
Closing Cost $2,500
Rehab $8,000
Total Cash Investment $67,500
ARV $100,000
Vacancy Rate 8.20%
Rent 900
Tax+Ins. 300
Monthly Cash Flow 600


Yearly Cash Flow 7200
Net Vacancy 6609.6
ROI (Full Occupancy) 10.67%
Adjusted ROI (Net Vacancy) 9.79%
Equity $32,500


Property Highlights
Sqft: 1000
Beds: 3
Baths: 1
Construction Block
Wholesale Price: $63,000
After Repair Value: $100,000
Repair: $8,000
Area Zip Code: 34761
Subdivision: Meadows

Notes: Great house in Ocoee that is very clean. House could be an easy flip for someone, great rental, or place to live.

No comments:

Post a Comment