Sunrise, FL | $110,000 Net Equity | $21,000 PREPAID Rent

[Alex Arguelles]

End Buyers Only
Sunrise, FL, 33351

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

Investment Opportunity + Leaseback:
Asking Price: $400,000
Net Equity (At Closing): $110,000
Net Equity Formula: Market Value - Asking Price = Net Equity
Market Value ($510,000) - Asking Price ($400,000) = Net Equity ($90,000)
Monthly Rent: $3,500 with 6 months of prepaid rent + Deposit
Total rental income: $21,000

3 BD / 2 BA
Sq. Ft: 1,752
Lot size (Acres): 0.1
Year Built: 1984
Seller wants to stay as a tenant

Why buy this property?
Brand new tile floor
Granite countertops
Shopping and dining nearby within .5 Mi
Several schools within 4.9 Mi
Fire Station 3 Mi
Fort Lauderdale-Hollywood International Airport 11 Mi
Commercial Boulevard .6 Mi

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

We’re receiving offers until May 3, 2024
First come, first serve!

DISCLAIMER:

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