Cocoa Block Duplex | EquityPro
88
10.54% Estimated APY
$69,900 Investor Price
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91 Ben Yonge
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230 Brandon Jenkins
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203 Jonathan Rokh
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179 Rusty Longaberger
223 Ryan Akers
210 Shakira Thompson
227 Shaun Rourke

Cocoa Block Duplex

2 bed / 2 bath1,122 sq ft Built in 1957Multi-family
View Map Pine Breeze Acres
356 Palm Ave Cocoa FL 32922
88
Occupancy Status
Low High
20/20
Level of Rehab
Heavy Light
19/20
Location of Neighborhood
Far Close
17/20
Quality of Floor Plan
Choppy Flowing
18/20
School Rating
F A
7/10
Placement in Neighborhood
Busy Calm
7/10
Property Details

Check out this concrete block duplex located in beautiful Cocoa, FL. Each unit has 2 bedrooms and 2 bathrooms with a shared laundry room . The multifamily property is on city water and each unit has it's own AC wall unit. Both sides are rented at $500 on a month to month lease. Tenants are willing to stay and a rent increase is recommended. Brevard county is hot so don't miss out on this multifamily opportunity. Contact your EquityPro Advisor for more information.

We recommend rent
Rental Income
$1,050 mo. / $12,600 yr.
Investor Price
$69,900
Closing Costs to Buy
$2,500
Rehab Projection
$4,100
Utilities
$1,500
Property Insurance
$1,100 / yr.
Estimated Taxes
$1,681 / yr.
Property Management
$1,200 / yr.
Maintenance
$400 / yr.
HOA Dues
$0 / yr.
$8,219
Projected Income
10.54%
Estimated APY
After Repair Value
$90,000
Investor Price
$69,900
Closing Costs to Buy
$2,500
Rehab Projection
$5,000
Utilities
$1,500
Closing Costs to Sell
$2,500
Listing Agent Commission
$2,700
$5,900
Total Projected Profit
7.02%
Estimated ROI

Comps

Listed
Pending
Sold
653 School Street Cocoa, FL 32922 $90,000
4 bed / 2 bath 1,688 sq ft Sold 03/14/17
Flip Rehab Details
Grounds
Lawn/Mulch beds
$500.00
Exterior
Exterior Paint
$2,000.00
Interior
Interior paint
$2,000.00
Light fixtures/Outlets
$500.00
Rent Rehab Details
Grounds
Lawn/Mulch beds
$600.00
Exterior
Exterior Paint
$2,000.00
Interior
Interior paint
$1,500.00