Highland County Duplex Rental | EquityPro
82
14.1% Estimated APY
$45,900 Investor Price
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Highland County Duplex Rental

3 bed / 2 bath922 sq ft Built in 1926Duplex
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819 S Eucalyptus St, Sebring, FL 33870
82
Occupancy Status
Low High
15/20
Level of Rehab
Heavy Light
19/20
Location of Neighborhood
Far Close
17/20
Quality of Floor Plan
Choppy Flowing
17/20
School Rating
F A
6/10
Placement in Neighborhood
Busy Calm
8/10
Property Details

Take a look at this beautiful, historical style Duplex in Sebring, FL. This property is currently vacant, and has been well maintained by the previous owners. The downstairs unit has 2 bedrooms / 1 bath. Upstairs unit has 1 bedroom / 1 bath. Both units are metered separately for electric, but not water. Average monthly water is $80. Rent can be increased above pro-forma to compensate for this expense if desired. Great rental area that will generate over 11% APY.

Investors will see property value increases over the years as this property is located in the CRA District (Community Redevelopment Agency). This agency, with an $18.4 million budget over 20 major projects, is heavily invested in bringing about economic revitalization in the Downtown Sebring area. This area will be growing fast so don't miss out on this multi-family opportunity. Contact your EquityPro Advisor for more information.

We recommend rent
Rental Income
$1,000 mo. / $12,000 yr.
Investor Price
$45,900
Closing Costs to Buy
$2,000
Rehab Projection
$6,500
Utilities
$960
Property Insurance
$1,500 / yr.
Estimated Taxes
$996 / yr.
Property Management
$1,200 / yr.
Maintenance
$500 / yr.
HOA Dues
$0 / yr.
$7,804
Projected Income
14.1%
Estimated APY
After Repair Value
$80,000
Investor Price
$45,900
Closing Costs to Buy
$2,000
Rehab Projection
$0
Utilities
$960
Closing Costs to Sell
$2,000
Listing Agent Commission
$2,550
$26,590
Total Projected Profit
49.78%
Estimated ROI
Rent Rehab Details
Interior
Kitchen cabinets
$1,000.00
Light fixtures/Outlets
$500.00
Replace fans and attached light fixtures.
Interior paint
$1,250.00
Other
$500.00
Budget for other small miscellaneous updates and touch up work
Laminate flooring
$1,250.00
Kitchen appliances
$1,500.00
Second floor unit needs a Fridge and stove unit. First floor unit currently has a stove and fridge, however may be beneficial to replace. Both units share a laundry room and will need both a washer and a dryer
Bathroom vanity
$500.00
Bathroom vanity and countertop replacements