Turnkey Kissimmee Condo Rental

Turnkey Kissimmee Condo Rental

1 bed 1 bath 733 sq ft Built in 1993 Condominium
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64
Occupancy Status
Low High
10 /20
Level of Rehab
Heavy Light
16/20
Location of Neighborhood
Far Close
15/20
Quality of Floor Plan
Choppy Flowing
15/20
School Rating
F A
4/10
Placement in Neighborhood
Busy Calm
4/10
Property Details

This 1-bedroom, 1-bathroom, second-floor condo is a great buy-and-hold opportunity in a desirable Kissimmee rental community. The unit is currently rented at $1,400 per month, with market potential of $1,500. The monthly HOA fee is $278, and the property’s after-repair value is estimated at $159,000.

Units in this community rarely come up for sale. The last one sold in four days in August 2024. With strong rental demand and quick leasing turnover, this condo offers investors stable cash flow and solid appreciation potential.

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We recommend rent
Rent Flip
Rental Income
$1,400 mo. / $16,800 yr.
Investor Price
$127,500
Closing Costs to Buy
$4,500
Rehab Projection
$4,000
Utilities
$500
Property Insurance
$900 / yr.
Estimated Taxes
$1,508 / yr.
Property Management
$1,680 / yr.
Maintenance
$500 / yr.
HOA Dues
$3,336 / yr.
$8,876
Projected Income
6.50%
Estimated APY
After Repair Value
$159,000
Investor Price
$127,500
Closing Costs to Buy
$4,500
Rehab Projection
$18,000
Utilities
$500
Closing Costs to Sell
$6,975
$1,525
Projected Income
0.97%
Estimated ROI

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