Friday, August 28, 2009

Foreclosure For Sale Orlando 4/3 $52,000

Click on Image to Enlarge


Financial Analysis

Price

$52,000

Closing Cost

$2,500

Rehab

$11,000

Total Cash Investment

$65,500

ARV

$110,000

Vacancy Rate

7.90%

Rent

925

Tax+Ins.

300

Monthly Cash Flow

625

Yearly Cash Flow

7500

Net Vacancy

6907.5

ROI (Full Occupancy)

11.45%

Adjusted ROI (Net Vacancy)

10.55%

Equity

$44,500

Property Highlights

Sqft:

1780

Beds:

4

Baths:

3

Construction

Block

Wholesale Price:

$52,000

After Repair Value:

$110,000

Repair:

$11,000

Area Zip Code:

32809

Subdivision:


Notes: 3/2 with a 1/1 in-law suite, super clean on the inside, kitchen is newer and bathrooms are in fine shape, Needs a roof and to take down the poorly built attachment on the back of the house.

No comments:

Post a Comment