Downtown Cash-Flow with Equity Grove Ave. Orlando, FL. 32805
Property Detail
Type
Single Family Home, **SOLD** Status
Cash Flow, **SOLD** Location
Florida
Sub Location
Orlando
Price
$94,900
Sq. Ft.660Bedrooms2Bathrooms1ARV$105k - $110kRent/mo$1,000 - $1,100 - PotentialRehab$0 - $2kGaragenoPoolnoTaxes/yr$741.59Lot Size (Acres)0.0676ConstructionFrameWaterfrontnoYear1935SubdivisionMagruder J B ResurveyHOA Fees/mona
Property Description
Here is a 2/1 cash-flow in downtown Orlando.
The property is currently renting out for $700/month. However, you could easily get $1,000 and upwards of $1,100/month for this property.
After taking out taxes, insurance and very minor updates this would cash-flow over a 12% ROI.