Available
$100,000(ARV: $130,000)77% of ARV

Orange County, Orlando, FL 32839

1 bd1 ba650 sfBuilt 1979

5 days ago

Gross spread$30,000

Description

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: $130,000 Purchase Price: $100,000 Rehab: $10,000 All in: $110,000 Gross Profit $20,000 RENTAL: Purchase $100,000 + $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 **Asking Price:** $100,000 **PHOTOS Property DetailsType: Condo/TownhouseSpecs: 1 bed / 1 bathSize: 650 sqft Year Built: 1979Occupancy: Vacant @ CloseAS-IS PURCHASE PREFERRED LENDER Big Ticket Items CABINETS— OG FLOORING-OG HVAC—NEWER HWH — 2015 UTILITIES — CITY WATER AND SEWER FOUNDATION — 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 Contact [representative] [contact details hidden] if you need more information Schedule a property walkthrough Make an offer directly on this page DisclaimersIMPORTANT: Buyer is responsible for conducting their own due diligence. This is an as-is opportunity. All information provided is believed to be accurate but not guaranteed. 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

$/sqft vs market

This deal$154/sqft
Market median$184/sqft
Difference−17% below

Median of 33 comparable listings matched on city + property type. A narrow sample moves a lot; read it as context, not as a valuation.

Property

Bedrooms1
Bathrooms1
Square feet650
Lot size4.52 ac
Year built1979
ConditionLight Rehab
OccupancyTenant Occupied
ParkingAssigned

Systems & condition

Roof age4-10 yrs
HeatingHeat pump
Air conditioningCentral AC
FoundationSlab
Foundation conditionGood

Self-reported by the seller. Not inspected.

Property information

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