Turn-Key Pine Hills Cash-Flow Danny Boy Cir. Orlando, FL. 32808
Property Detail
Property Description
Back on Market and now with Seller Financing Available!
TERMS: 20% down, 8% financing with a 2-5 -year balloon, 15 yr amortization, and 2 points.
This property is a turn-key rental with good tenants in place. It’s in a prime location with an added bonus of all the high ticket items being done recently. The tenants care for the property as if it were their own, they are paying their rents on time and have a one-year lease in place. There should not be immediate repairs needed to keep the tenants happy as the landlord keeps up with all issues as they arise. The roof and electric panel are from 2010. HVAC and plumbing (cast iron pipes with PVC and also water lines with cpvc) were installed in 2009.
Current tenants are paying below-market rental rates that may be increased at the end of the lease to maximize your return. In addition to the cash-flow you’re buying the property with 20% instant equity in place at closing.
This property is occupied so we need you to do all your due diligence first and then drive by. We will set an appt to get everyone in at the same time.
COMPS:
2948 Willow Bend Blvd is 1,111 sf and sold for $172,400
4913 Tam Dr is 1,096 sf and sold for $177,000
3611 Barney Dr is 1,344 sf and sold for $175,000
