Thursday, January 7, 2010

(Sold) New Bank Owned in Sanford Available 3/2


Financial Analysis

Price

$62,000

Closing Cost

$2,500

Rehab

$5,000

Total Cash Investment

$69,500

After Repair Value (ARV)

$95,000

Rent

1,000

Tax+Ins.

300

Monthly Cash Flow

700

Yearly Cash Flow

8400

ROI (Full Occupancy)

12.09%

Equity

$25,500

Property Highlights

Sqft:

1040

Beds:

3

Baths:

2

Construction

Block

Year

1981

Area Zip Code:

32773

Subdivision/Area:

Hidden Lake

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