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Orange County · Orlando, FL 32825

FURNISHED ORLANDO SUBTO | PRIVATE POOL + GAME ROOM | $1,690 PITI | TURNKEY STR SETUP

$69,750
3
Beds
1
Baths
1,175
Sq ft
1960
Year built
$290K spread

About this property

PROPERTY DETAILS

  • Address: 1118 Overdale St, Orlando, FL 32825
  • Beds: 3
  • Baths: 1
  • Living Area: 1,175 sqft
  • Year Built: 1960
  • Property Type: Single Family Residence
  • HOA: No HOA
  • Multi-Unit: No
  • Furnished: Yes
  • Pool: Yes, Private Pool
  • Lot Size: 8,298 sqft

PRICING

  • Entry Fee: $64,750 + CC + TC
  • Purchase Price: $69,750

SUBTO FINANCING

  • Mortgage Balance: $310,250
  • Interest Rate: 6.46%
  • PITI: $1,690 / Month
  • Total Monthly Payment: $1,690
  • Balloon: Negotiable

PROPERTY CONDITION

Condition: Move-in ready with a renovated interior and fully furnished setup.

Layout: Single-story with a bright, open-concept living and kitchen area.

HVAC: Central heating and central air conditioning.

Roof: Shingle roof.

Construction: Block and stucco construction.

Flooring: Laminate flooring.

Outdoor Space: Private backyard with pool and screened outdoor area.

Additional Features: Game room, ceiling fans, electric fireplace, front porch, and driveway.

The current listing describes the property as move-in ready and beautifully maintained.

RENTAL POTENTIAL

  • Estimated Average LTR: $1,803 / Month
  • Estimated Average STR: $3,175 / Month
  • Estimated LTR Spread Over PITI: $113 / Month before operating expenses
  • Estimated STR Spread Over PITI: $1,485 / Month before operating expenses

INVESTMENT HIGHLIGHTS

Fully furnished.

Furniture included in the purchase price.

Private pool.

Game room.

Turnkey short-term rental setup.

Move-in ready.

No HOA.

Assume the existing 6.46% mortgage with no new bank qualifying.

$310,250 existing mortgage balance.

Only $1,690/month PITI.

Balloon is negotiable.

CONTACT

  • Mike Graham
  • NexKey Collective

Property snapshot

Layout3 Bed / 1 Bath
Living area1,175 sq ft
Year built1960
Property typeLand
CountyOrange County

Deal details

Asking price$69,750
ARV estimate$360,000
Spread (ARV − asking)$290,250
Brought to you by
M
Ms. Meriam Aberri
Miami Off-Market Deals
+1 (305) 762-9521office.royal.investments@gmail.com1 Alhambra Plaza, Penthouse Floor, Coral Gables, FL 33134

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The numbers

Asking
$70K
ARV est.
$360K
Spread
$290K
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Ms. Meriam
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