Sanford, FL | Net Equity: $ 38K | $ 20,900 PREPAID Rent

[Alex Arguelles]

End Buyers Only

Sanford, FL 32773

https://www.biggerpockets.com/real-estate-listings/sanford-f...

Investment Opportunity + Leaseback:
Asking Price: $ 222K
Net Equity: $ 38K
Net Equity Formula: Market Value - Asking Price = Net Equity
Market Value ($260,000) - Asking Price ($222,000) = Net Equity ($38,000)
Monthly Rent: $ 1,900 with 11 months of prepaid rent + deposit
Total rental income: $ 20,900

2 BD / 2.5 BA
Sq. Ft: 1,268
Lot size (Acres): .2
Year Built: 2003
Seller wants to stay as a tenant

Why buy this property?
Shopping and dining nearby within .7 Mi
Several schools within 2 Mi
Medical Center within 2 Mi
Orlando Sanford International Airport 3.5 Mi
W Airport Boulevard .3
S Florida 417 (Toll Road) .6 Mi

Low Crime Rate
Investment Potential
Proximity to Work
Good Schools
Community Amenities

DISCLAIMER:

DO NOT CONTACT THE OWNER/SELLER WITHOUT OUR EXPLICIT CONSENT. ANY ATTEMPTS TO RENEGOTIATE OR CONTACT THE SELLER WILL RESULT IN LEGAL ACTION.