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Updated almost 4 years ago on . Most recent reply

User Stats

65
Posts
53
Votes
Valentina Calla
  • Real Estate Agent
  • Orlando, FL
53
Votes |
65
Posts

Opinions on Duplex Flip to Rent in Florida!

Valentina Calla
  • Real Estate Agent
  • Orlando, FL
Posted

Hello everyone! I recently got into real estate investing and after some research, I found this duplex in Orlando, FL that my partner and I want to rehab and rent out! I analyzed the property using the handy dandy rental property calculator on this site and came up with a monthly cash flow of $226.15 and cash on cash ROI of 6.39%. I am not sure how accurate my numbers are so feel free to correct any mistakes I have made or give me any suggestions/opinions on the property! Thank you :) https://www.realtor.com/reales...

Most Popular Reply

User Stats

1,345
Posts
2,113
Votes
Tyler Gibson
  • Real Estate Agent
  • Orlando, FL
2,113
Votes |
1,345
Posts
Tyler Gibson
  • Real Estate Agent
  • Orlando, FL
Replied

@Valentina Calla Do you know Orlando? DO you know this neighborhood? The only way you are going to get market rent here is if you do section 8. This is not the best neighborhood. I am not saying this doesn't have the opportunity but know the area you are investing in. This is one block from the road where you routinely see prostitutes walking up and down. If this is the type if investing you are into then Go for it. Everyone has a strategy and risk tolerance.

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