Thursday, September 10, 2009

Bank Owned Property Orlando Fl, $76K 3/2 1852 sqft

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Contract Pending Date 09/10/09
Financial Analysis
Price $76,000
Closing Cost $2,500
Rehab $12,000
Total Cash Investment $90,500
ARV $128,000
Vacancy Rate 8.60%
Rent 1,150
Tax+Ins. 300
Monthly Cash Flow 850


Yearly Cash Flow 10200
Net Vacancy 9322.8
ROI (Full Occupancy) 11.27%
Adjusted ROI (Net Vacancy) 10.30%
Equity $37,500


Property Highlights
Sqft: 1852
Beds: 3
Baths: 2
Construction Block
Wholesale Price: $76,000
After Repair Value: $128,000
Repair: $12,000
Area Zip Code: 32818
Subdivision: Village Green
Note: 3/2 very nice neighborhood. Has new roof and A/C handler.

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