Friday, September 25, 2009

Bank Owned 3/2 Pinehills Orlando FL


Click On Image to Enlarge

Financial Analysis
Price $38,000
Closing Cost $2,200
Rehab $7,000
Total Cash Investment $47,200
ARV $80,000
Vacancy Rate 5.40%
Rent 875
Tax+Ins. 250
Monthly Cash Flow 625


Yearly Cash Flow 7500
Net Vacancy 7095
ROI (Full Occupancy) 15.89%
Adjusted ROI (Net Vacancy) 15.03%
Equity $32,800


Property Highlights
Sqft: 1233
Beds: 3
Baths: 2
Construction Block
Wholesale Price: $38,000
After Repair Value: $80,000
Repair: $7,000
Area Zip Code: 32808
Subdivision: Pine Ridge Estates
Notes: Pretty clean 3/2 great rental or rehab!!

No comments:

Post a Comment