Current Rental Return 12.4% - Market Rental Value Offering 15% Yield!!!
Beds: 4 Baths: 2 Heated Sq ft: 1690 Year Built: 1981
In the Orlando area, these Duplexes are hard to come by, and when they do, you better be quick!! Both halves of this duplex are currently rented on a month to month basis. They both need repairs to get the top market rent, but right now they are still producing a great rental yield already. This deal is perfect for that switched on investor.
Located in North West Orlando this Duplex is just 15 minutes from Downtown Orlando, and close to all the famous Orlando theme parks and attractions. Conveniently located close to schools and shopping.
Approved Price: $95,000
Estimated Closing Costs: $2,000
Approx Total Price: $97,000
Estimated Monthly costs:
Total Monthly costs: $300
Est. Monthly Rental: $650 per side -
Est. Net Annual Rental: $12,000
Est. Net Rental Yield: 12.4 %
Market rent $750-800 each side, Total $1,500 - $1,600 - Potential ROI: 14-15% - after spending approximately $6000 on repairs