Lakeland Cash-Flow with 15% ROI W 10th St Lakeland, FL. 33805
Property Detail
Type
Single Family Home, **SOLD** Status
Cash Flow, **SOLD** Location
Florida
Sub Location
Lakeland
Price
$49,900
Sq. Ft.1,162Bedrooms3Bathrooms2ARV$95,000Rent/mo$1,100+/-Rehab$25,000+/-GarageNonePoolNoneTaxes/yr$1,202Lot Size (Acres)0.45 AcresConstructionFrameWaterfrontNoneYear1925SubdivisionOakridge HeightsHOA Fees/moNone
Property Description
Here is a 3/2 1162 SQFT house in Lakeland for only $49,900.
This one needs full rehab including paint, floors, kitchen, bath and roof. However, with this one being used as a cash-flow you will not need to put in top of the line renovations.
Rental comps show that this should rent for about $1,100/Month. After taxes and insurance that puts you at 14%-15% ROI.
