SW 4th Street
Winter Haven, FL 33880

 

3/1 Block Home In Winter Haven-Under $30K!

FINANCIAL ANALYSIS: $ 750 mo. rent x 12 mos = $9,000 (Potential Gross Income) -$ 650 (Less 7% Vacancy & Collections Yr.) = $8,370 (Effective Gross Income) - $2,389 Expenses Yr.(Taxes-$789, Insurance-$700, $900, 10% property Management) $5,981 NET OPERATING INCOME / $29,900 (Purchase Price) = 20% CAP RATE! $29,000 Purchase price + $1,500 closing costs + $5,000 rehab/repairs = $35,500 Total Cash Outlay / $5,981 NET Operating Income = 16.8% CASH On Cash Return! Wholesale Cash Price…Only $29.9K!! -Cash or hard money only -Buyer pays closing costs DID YOU KNOW

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Map of  SW 4th Street, Winter Haven, FL 33880, USA

SW 4th Street

Winter Haven, FL 33880

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Mitchell Thomas

Mitchell Thomas
Orlando Home Solutions, LLC
Broker/Realtor
(407) 442-9120
Email:  mitch@orlandoinvestmentproperty123.com
Website: oip123.com

       

Listed by: Mitch Thomas-Orlando Home Solutions, LLC

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SW 4th Street
Winter Haven, FL 33880

$29,900

Single Family Home

3/1 Block Home In Winter Haven-Under $30K!

FINANCIAL ANALYSIS: $ 750 mo. rent x 12 mos = $9,000 (Potential Gross Income) -$ 650 (Less 7% Vacancy & Collections Yr.) = $8,370 (Effective Gross Income) - $2,389 Expenses Yr.(Taxes-$789, Insurance-$700, $900, 10% property Management) $5,981 NET OPERATING INCOME / $29,900 (Purchase Price) = 20% CAP RATE! $29,000 Purchase price + $1,500 closing costs + $5,000 rehab/repairs = $35,500 Total Cash Outlay / $5,981 NET Operating Income = 16.8% CASH On Cash Return! Wholesale Cash Price…Only $29.9K!! -Cash or hard money only -Buyer pays closing costs DID YOU KNOW

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Map of  SW 4th Street, Winter Haven, FL 33880, USA
Mitchell Thomas

For more information contact:
Mitchell Thomas
Orlando Home Solutions, LLC
Broker/Realtor
Phone: (407) 442-9120
mitch@orlandoinvestmentproperty123.com

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