Friday, January 8, 2010

New Pine Hills Bank Owned Property 3/1 for $33,000

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Financial Analysis

Price

$33,000

Closing Cost

$2,500

Rehab

$6,000

Total Cash Investment

$41,500

After Repair Value (ARV)

$55,000

Rent

800

Tax+Ins.

275

Monthly Cash Flow

525

Yearly Cash Flow

6300

ROI (Full Occupancy)

15.18%

Equity

$13,500

Property Highlights

Sqft:

1036

Beds:

3

Baths:

1

Construction

Block

Year

1953

Area Zip Code:

32808

Subdivision/Area:

Pine Hills Terrace

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