Wednesday, September 9, 2009

Bank Owned Property Orlando, Fl (Edgewood) 4/2.5

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Financial Analysis

Price

$67,000

Closing Cost

$2,500

Rehab

$12,000

Total Cash Investment

$81,500

ARV

$120,000

Vacancy Rate

5.20%

Rent

1,400

Tax+Ins.

300

Monthly Cash Flow

1,100





Yearly Cash Flow

13200

Net Vacancy

12513.6

ROI (Full Occupancy)

16.20%

Adjusted ROI (Net Vacancy)

15.35%

Equity

$38,500





Property Highlights

Sqft:

1494

Beds:

4

Baths:

2.5

Construction

Block

Wholesale Price:

$67,000

After Repair Value:

$120,000

Repair:

$11,000

Area Zip Code:

32839

Subdivision:

Edgewood

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