Off-Market Cocoa Cash-Flow Coral Way Cocoa, FL. 32922
Property Detail
Type
**SOLD**, Single Family Home Status
**SOLD**, Cash Flow Location
Florida
Sub Location
Cocoa
Price
$95,500
Sq. Ft.994Bedrooms3Bathrooms1.5ARV$120,000+/-Rent/mo$1,200+/-RehabModerateGarage1 CarPoolNoneTaxes/yr$494.29Lot Size (Acres)0.25ConstructionBlockWaterfrontNoneYear1954SubdivisionCocoa Palms
Property Description
This is an off-market cash-flow in Cocoa. House is a block 3 bed 1.5 bath with a 1-car garage and a nice open floor plan.
House is in decent shape and needs cosmetic rehab to get rental ready. Looks like the roof has been recently replaced. It has wall units for AC which could be fine for a rental. If you want to install central AC then obviously your rehab costs will go up.
Rental comps show that similar properties are getting about 1,200/month. After rehab, taxes and insurance you are looking at about a 11+% ROI.
