Lakeland Mobile Home on 1 Acre | EquityPro
85
9.98% Estimated APY
$69,900 Investor Price
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Lakeland Mobile Home on 1 Acre

3 bed / 2 bath1,560 sq ft Built in 1985Manufactured Home
View Map SUTTON ESTATES
1318 Leola Ave, Lakeland, FL 33810
85
Occupancy Status
Low High
19/20
Level of Rehab
Heavy Light
19/20
Location of Neighborhood
Far Close
16/20
Quality of Floor Plan
Choppy Flowing
18/20
School Rating
F A
7/10
Placement in Neighborhood
Busy Calm
6/10
Property Details

This Lakeland mobile home sits on a nice 1 acre parcel. It is currently leased at $900 per month. Previous owner has taken care of the home with kitchen and flooring renovations. It's an easy rental investment for you portfolio. Please call your EquityPro Advisor for more information.

We recommend rent
Rental Income
$900 mo. / $10,800 yr.
Investor Price
$69,900
Closing Costs to Buy
$2,500
Rehab Projection
$1,500
Utilities
$500
Property Insurance
$900 / yr.
Estimated Taxes
$1,145 / yr.
Property Management
$1,080 / yr.
Maintenance
$250 / yr.
HOA Dues
$0 / yr.
$7,425
Projected Income
9.98%
Estimated APY
After Repair Value
$90,000
Investor Price
$69,900
Closing Costs to Buy
$2,500
Rehab Projection
$0
Utilities
$500
Closing Costs to Sell
$3,000
Listing Agent Commission
$2,700
$11,400
Total Projected Profit
14.5%
Estimated ROI

Comps

Listed
Pending
Sold
3020 HONEOYE TRL, LAKELAND, FL 33810 $89,900
3 bed / 2 bath 1,404 sq ft Sold 03/06/17
1455 WALDRUP ROAD Lakeland, FL 33810 $148,000
3 bed / 2 bath 1,960 sq ft Sold 03/10/17
Rent Rehab Details
Interior
Interior paint
$1,500.00