Low-Cost Palatka Rental

Low-Cost Palatka Rental

2 bed 1 bath 934 sq ft Built in 1979 Single Family
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58
Occupancy Status
Low High
8 /20
Level of Rehab
Heavy Light
12/20
Location of Neighborhood
Far Close
14/20
Quality of Floor Plan
Choppy Flowing
12/20
School Rating
F A
4/10
Placement in Neighborhood
Busy Calm
8/10
Property Details

Located in Putnam County is this 2 bedroom 1 bathroom 934 square foot single family home. Great placement in a rural setting makes this an appealing home for many. At only 30k a savvy investor can acquire this investment at 10k under assessed value.  The home will need a new roof, yard cleanup, and paint both inside and outside along with interior cosmetic updates. We are also suggesting updating the flooring, bathroom, and kitchen to make it more appealing for both tenants and new buyers alike. Homes at this price tend to move quickly, so call your EquityPro Advisor for more information.

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We recommend rent
Rental Income
$900 mo. / $10,800 yr.
Maintenance
$500 / yr.
HOA Dues
$0 / yr.
$7,620
Projected Income
10.55%
Estimated APY
$13,750
Projected Income
18.03%
Estimated ROI

Comps

 
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Sold

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