Tuesday, September 1, 2009

3/1 Azalea Park Clean House Has Additional Bonus Room Must See!!

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Financial Analysis

Price

$49,900

Closing Cost

$2,500

Rehab

$8,000

Total Cash Investment

$60,400

ARV

$100,000

Vacancy Rate

3.30%

Rent

995

Tax+Ins.

300

Monthly Cash Flow

695



Yearly Cash Flow

8340

Net Vacancy

8064.78

ROI (Full Occupancy)

13.81%

Adjusted ROI (Net Vacancy)

13.35%

Equity

$39,600



Property Highlights

Sqft:

1116

Beds:

3

Baths:

1

Construction

Block

Wholesale Price:

$49,900

After Repair Value:

$100,000

Repair:

$8,000

Area Zip Code:

32822

Subdivision:

Azalea Park


Note: Great 3/1 in Azalea Park. Has large bonus room not included in the square footage.

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