Six Home Package in Palm Beach County

Six Home Package in Palm Beach County

18 bed 12 bath 4800 sq ft Built in 1967 Multi-family
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56
Occupancy Status
Low High
13 /20
Level of Rehab
Heavy Light
12/20
Location of Neighborhood
Far Close
11/20
Quality of Floor Plan
Choppy Flowing
14/20
School Rating
F A
3/10
Placement in Neighborhood
Busy Calm
3/10
Property Details

Located in Pahokee is this six-concrete block single-family home package. Each home has three bedrooms and two bathrooms, separately metered for water and electricity. Currently, each unit is being rented on a month-to-month basis for $1,050 a month. With some slight cosmetic updates, there's an opportunity to increase rent rates to $1,200 being able to increase your yearly return. Furthermore, the beauty of this portfolio is that every home is on the same parcel next to each other. This makes it very simple to manage and make any necessary repairs. At $104k per door, properties at this price point are very rare. For more information on this opportunity, contact your EquityPro Advisor. 

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We recommend rent
Rental Income
$6,300 mo. / $75,600 yr.
Property Insurance
$10,000 / yr.
Estimated Taxes
$8,845 / yr.
Maintenance
$5,000 / yr.
HOA Dues
$0 / yr.
$44,195
Projected Income
7.03%
Estimated APY
$72,850
Projected Income
10.76%
Estimated ROI

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