Winter Haven Quadplex

Winter Haven Quadplex

8 bed 4 bath 3456 sq ft Built in 1965 Multi-family
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64
Occupancy Status
Low High
15 /20
Level of Rehab
Heavy Light
12/20
Location of Neighborhood
Far Close
12/20
Quality of Floor Plan
Choppy Flowing
14/20
School Rating
F A
4/10
Placement in Neighborhood
Busy Calm
7/10
Property Details

This fully occupied Winter Haven Quad has potential for the right investor. This is the lowest priced Quad in all of Polk County. Currently, all units are occupied at below-market rent. With some light updates and rental increases, this property can be a cash cow. Each unit has 2 bedrooms and 1 bathroom and will need some cosmetic updating to help garner top dollar. Current rents total $2,650 per month but after updates, the market should yield $900-$1100 per unit. Contact your REI Advisor today for more info.

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We recommend rent
Rental Income
$3,200 mo. / $38,400 yr.
Estimated Taxes
$1,260 / yr.
Maintenance
$500 / yr.
HOA Dues
$0 / yr.
$30,800
Projected Income
9.11%
Estimated APY
$17,250
Projected Income
4.57%
Estimated ROI

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