Leesburg Rental with Solid APY | EquityPro
75
10.46% Estimated APY
$47,500 Investor Price
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Leesburg Rental with Solid APY

3 bed / 1 bath1,136 sq ft Built in 1953Single Family
View Map Leesburg
107 South East St, Leesburg FL 34748
75
Occupancy Status
Low High
10/20
Level of Rehab
Heavy Light
15/20
Location of Neighborhood
Far Close
17/20
Quality of Floor Plan
Choppy Flowing
17/20
School Rating
F A
8/10
Placement in Neighborhood
Busy Calm
8/10
Property Details

This concrete block home has 3 bedrooms and 1 bathroom. The property has been well maintained over the years. It has been painted outside and will need a light rehab on the inside to make it rent ready. The pool appears to hold water but is not currently filled due to the house being vacant. Leesburg is a great rental market so please contact your EquityPro Advisor for more information.

We recommend rent
Rental Income
$800 mo. / $9,600 yr.
Investor Price
$47,500
Closing Costs to Buy
$2,500
Rehab Projection
$10,050
Utilities
$500
Property Insurance
$900 / yr.
Estimated Taxes
$815 / yr.
Property Management
$1,050 / yr.
Maintenance
$500 / yr.
HOA Dues
$0 / yr.
$6,335
Projected Income
10.46%
Estimated APY
After Repair Value
$85,000
Investor Price
$47,500
Closing Costs to Buy
$2,500
Rehab Projection
$22,300
Utilities
$500
Closing Costs to Sell
$2,500
Listing Agent Commission
$2,550
$7,150
Total Projected Profit
9.18%
Estimated ROI

Comps

Listed
Pending
Sold
937 E Main St, Leesburg FL 34748 $68,000
2 bed / 1 bath 816 sq ft Sold 05/01/17
1101 E North Blvd, Leesburg FL 34748 $79,900
2 bed / 2 bath 1,248 sq ft
1002 Ferguson Ave, Leesburg FL 34748 $80,000
3 bed / 1.5 bath 886 sq ft
Flip Rehab Details
Grounds
Other
$1,500.00
General Landscaping
Driveway/Patio
$250.00
Cleaning
Exterior
Roof
$2,000.00
Repairs only
Exterior doors
$750.00
Pool
$6,000.00
Other
$500.00
Dumpster Rental
Systems
Hot Water Heater
$800.00
It still functions but will need to be replaced in the next few years
Interior
Interior paint
$1,500.00
Carpet
$1,500.00
Other
$750.00
Window coverings
Kitchen cabinets
$2,000.00
Kitchen countertops
$1,500.00
Bathroom vanity
$500.00
Bathroom countertops
$500.00
Kitchen appliances
$1,500.00
Other
$750.00
Cleaning and Miscellaneous items
Rent Rehab Details
Grounds
Other
$1,000.00
Landscape cleaned up
Exterior
Roof
$2,000.00
Repairs only
Pool
$2,500.00
To fill the pool with dirt/sand
Interior
Interior paint
$1,500.00
Carpet
$1,500.00
Other
$750.00
Window coverings
Other
$800.00
2 new window AC units