Turn-Key Cookie Cutter with Equity in 32825 Brown Trout Cir. Orlando, FL. 32825
This is an off-market cookie-cutter buy and hold with equity in 32825. The house features block construction, a 2-car garage and the roof was replaced in 2019. It is currently rented for $1,500/month and the lease is good through 10/31/20. This means you can start earning income as soon as you close.
The property is currently turn-key and there wont be any rehab needed immediately. There may be some cosmetic work needed if you choose not to renew the tenants lease.
You also have instant equity in this deal. The comps put this at a solid $265k-$270k. There are currently no actives in this neighborhood so you could possibly list this property and make a quick $20,000+.