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.

 

 INVESTMENT DETAILS

 

Approved Price: $95,000

 

Estimated Closing Costs: $2,000

 

Approx Total Price: $97,000

 

Estimated Monthly costs: 

Taxes: $120

Insurance: $50

Management: $130

 

Total Monthly costs: $300

 

Est. Monthly Rental: $650 per side -

   Total: 1,300

 

Est. Net Annual Rental: $12,000  

 

 

Est. Net Rental Yield: 12.4 % 

 

 Note:

 Market rent $750-800 each side,  Total $1,500 - $1,600 - Potential  ROI: 14-15% - after spending  approximately $6000 on repairs

 

Information

Local Ammenities:

 

Grocery Stores:

Publix

 

Shopping:

Florida Mall 

Millenia Mall 

 

Atrractions:

Universal Studios

International Drive

Downtown Orlando

 

Schools:

UCP of Central Florida

 

 

 

 

 

 

 

 

IRIS International LLC.          Licensed Broker          5401 S. Kirkman Rd, Suite 310            Orlando FL 32819

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