Ft Myers, FL Turn Key Property as Rental or Move In

[Justin Simpkins]

200 block of Avacado Ct., Ft. Myers, FL, 33905

Market Value: $70,000

Asking Price: $52,000

Repairs: $8,000

Instant Equity: $10,000

Current Rent: $650 / mo. (Rentometer.com Rent $850/mo.)

Cap Rate: 15% (by increasing rent to $850/mo.)

4 Bedrooms with 2 Baths. 1,368 sq. ft. Large fenced lot. Barn size detached building. Walk to River.