Kissimmee Vacation Rental

Kissimmee Vacation Rental

3 bed / 2 bath 1287 sq ft Built in 1990 Townhome

Kissimmee properties are in high demand and our investor knew that this was a deal that he could not pass up!  Our investor purchased this 3 bedroom, 1 bathroom condo through EquityPro for $114,900.  With a $13,500 rehab budget, our investor updated the flooring and the bathroom, along with some other minor improvements to ensure that this property was retail ready. He had another $26,500 in closing costs, commissions, and utilities.  After only 6 days on the market, this property sold for $230,000, generating a $75,000 profit for our investor.  Well done!  

Financial details
Investor price $114,900
Rehab costs $13,500
Other expenses $26,500
Days on the market 6
Sold price $230,000
$75,100
Profit
48.48%
ROI