Turnkey 3 Units D.Town Orlando

Turnkey 3 Units D.Town Orlando

8 bed 5 bath 2724 sq ft Built in 1950 Multi-family
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75
Occupancy Status
Low High
15 /20
Level of Rehab
Heavy Light
19/20
Location of Neighborhood
Far Close
14/20
Quality of Floor Plan
Choppy Flowing
18/20
School Rating
F A
2/10
Placement in Neighborhood
Busy Calm
7/10
Property Details

Awesome three-unit rental property near Downtown Orlando. The front building is a duplex with two 3/2 units. The back building is a 2/1. Features included replumbing with new drainage pipes, new electrical boxes in 2010, four and six-year-old A/C units, and a new roof on the single family home. Currently, two units are occupied on month-to-month leases by long-term tenants, with the current rents below the market median. 

New construction duplexes in the area are selling for $525,000. One of our comps is a wooden duplex, built in the 1930s, with a small single family home in the back, and sold for $450,000. On top of being over a 10% APY, there is a solid amount of equity in this property. Call your EquityPro Advisor for more information.

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We recommend rent
Rental Income
$5,700 mo. / $68,400 yr.
Estimated Taxes
$2,300 / yr.
Maintenance
$1,000 / yr.
HOA Dues
$0 / yr.
$56,400
Projected Income
12.62%
Estimated APY
$33,000
Projected Income
7.07%
Estimated ROI

Comps

 
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