Pensacola Duplex Calhoun Ave, Pensacola, FL, 32507
Property Detail
Type
**SOLD**, Duplex Status
**SOLD**, Cash Flow Location
Florida
Sub Location
Pensacola
Price
$110,000
Sq. Ft.1,612Bedrooms4Bathrooms2ARV$180,000Rent/mo$1,600 +/-Rehab$10,000 - $15,000GarageNonePoolNoneTaxes/yr$1,100Lot Size (Acres)0.21 AcresConstructionBlockWaterfrontNoneYear1975SubdivisionBeach HavenHOA Fees/mo$0
Property Description
Located very close to Pensacola Bay, this duplex is ready to be your newest cash flow agent. Each side is a 2/1 and should rent between $750 and $800 a month. Assuming you put $15k of work into the property, it rents for $750 a side, you are looking at an ROI of 12.5% roughly. This is not taking into account vacancy rates and such. Obviously, if you spend less on the rehab, and you can get $800/mo, your ROI goes way up.
