reply

Posted

print

favorite this post 3br - 1240ft2 - Trade 2 Florida Properties, $20K Yr. 10% Return 12 Miles 2 the Beach hide this posting unhide

 1 2 3 4 5 6 7 8 9 10 11
Springfield Ct at Main St

(google map)

3BR / 1Ba 1240ft2 available sep 30

house
laundry on site
detached garage

It is available...!!! Sunny Florida, 2 separate Properties, 1st a 60' x 660' .91 Acres Wooded lot, 9 miles from the beach + a 3 Big Bedrooms, 1 Bath, 3/1 Brick Zoned Commercial / Residential, Live Here Work Here, Corner Lot, One Car Detached Garage + Work Shop + Double Carport, A/C, Rents for $800 Month, $9,600 per Yr. Rent Income, $96,000 Rent Income After 10 Years. 10% Annual Return, Owner Retiring, Keep Rented or Move In, Quiet Neighborhood, Better Than New...!!! Extra Clean, Low Maintenance Brick, Wood Floors, LOW Property Taxes $550 per year, Insurance $400 Year, Central Area, Close to Everywhere, I-10, I-95, I -295, US1, 20 Minutes from The Beach, Downtown, Shopping, Mayo Clinic, Universities, Big Laundry Room with Washer and Drier connections, Corner Lot, can park RV, Boats, Big Trucks, All your Toys, NO RTO, NO Owner Finance, Motivated Owner Retiring, Other Properties + Management Available, Will Take $99,000 for BOTH or Make Offer or Trade show contact info


Total Income= 800 *12 = $9,600Yr.
LOW Property Taxes = $550 Yr.
Insurance = $400Yr.
Net income = 9,600 - 950 = $8,650 Yr.
Cap rate = 9,600/99,000 = 10 % Annual Return
$96,000 Rent Income After 10 Years.
Please call show contact info Thanks!
  • do NOT contact me with unsolicited services or offers

post id: 6694788136

posted:

best of [?]