Great Investment Property Potential!
Beds: 3           Baths: 2           Heated Sq ft: 1332      Year Built: 2001

Great opportunity to buy a house $15-20,000 below market value! This attractive house does need a good tidy up, but it's all just cosmetic. After being painted and the cabinetry is either repelaced or repaired this will make someone a great home. The house is already tiled throughout which is perfect for Florida, and features a split floorplan, ideal for a family. Out the back there is a large  yard for the kids to play in.

 

Trulia, who tend to be on the low side, estimate the house to be worth $116,000, so this is a great deal for someone.

 

http://www.trulia.com/homes/Florida/Kissimmee/sold/213189-46-Peterlee-Ct-Kissimmee-FL-34758

 

Located in Poinciana which is currently seeing a resurgence due to the new Medical Centre being open, and plans for the Sunrail to begin there. Shopping and restaurants are closeby at the Poinciana Town Centre.  

 INVESTMENT DETAILS

 

Approved Price: $99,900

 

Approx Repairs: $5,000

Estimated Closing Costs: $2,000

 

Approx Total Price: $106,900

 

Estimated Monthly costs: 

Taxes: $108

Insurance: $50

Management: $80 

HOA: $0

 

Total Monthly costs: $238

 

Est. Monthly Rent: $850-975

 

Est. Net Annual Rent: $7344-8844

 

 

 

 

 

  Estimated ROI:  7-8.2%

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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