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Orange County · Orlando, FL 32839

New Deal Orlando, FL Cash flowing rental. Looking to sell for cash below market value. Call or text me before I list it on the MLS. Thanks Grant

$110,000
1
Beds
1
Baths
650
Sq ft
1979
Year built
$20K spread

About this property

About This Deal

Overview

Prime Rental Opportunity for your rental portfolio! Close to shopping, 408, I-4, Turnpike, library, public transportation. Small Complex, Community pool. First floor condo. No Pets. Property will be delivered vacant and ready for quick turnaround. Secure strong monthly cash flow and instant equity spread today!

Investment Breakdown

FLIP

  • ARV: $130,000Purchase Price: $110,000Rehab: $10,000All in: $110,000Gross Profit $20,000
  • RENTAL:Purchase $110,000 + $10,000 = $110,000$1,250/mo Market Rent-$95/mo Tax-$75/mo Insurance-$330/mo HOA
  • $750 Monthly Cash Flow x 12 = $9,000 Yr Cash Flow$110,000 Investment = 8.18% Cash on Cash Return
  • Property Address:1904 Honour Rd Apt #14, Orlando, FL 32839
  • PHOTOS
  • Property Details
  • Type: Condo/TownhouseSpecs: 1 bed / 1 bathSize: 650 sqft Year Built: 1979
  • Occupancy: Vacant @ Close
  • AS-IS PURCHASE
  • PREFERRED LENDER
  • Big Ticket ItemsCABINETS- OGFLOORING - OGHVAC-NEWERHWH - 2015UTILITIES - CITY WATER AND SEWERFOUNDATION - SLAB
  • Comparable Sales Breakdown Condo Rental• 1904 Honour Road #13, Orlando, FL 32839- Rental @ $1,350- Listing: HERE Condo Rental• 1900 Honour Rd, APT 3, Orlando, FL 32839- Rental @ $1,050- Listing: HERE Condo CASH Sale• 1904 Honour Road #13, Orlando, FL 32839- Sold @: $102,000-
  • Listing: HERE
  • Next Steps

This is an as-is opportunity. This opportunity is offered to qualified real estate investors only. This is not a retail property listing and no real estate agent relationships are implied or established through this marketing material.

  • Time-sensitive opportunity - this contract is being offered to multiple investors

Property snapshot

Layout1 Bed / 1 Bath
Living area650 sq ft
Lot size5 sq ft
Year built1979
Property typeCondo
CountyOrange County

Deal details

Asking price$110,000
ARV estimate$130,000
Spread (ARV − asking)$20,000
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
$110K
ARV est.
$130K
Spread
$20K
Run this in the flip calculator
M
Ms. Meriam
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