Attractive Miami Area Investment Property (Boynton Beach)

[Isaac Taylor]

METRO MIAMI INVESTMENT PROPERTY OVERVIEW

• Market: Metro Miami Area
• Listing Price: $145,000
• Rehab Estimate: N/A
• Address: NW 13th Ave, Boynton Beach, FL
• Beds / Baths / Sq Ft: 4 beds / 2 bath / 1,457 sq ft
• Property Description: A great open floor plan invites you into this 4 bedroom home. The home was completely renovated inside and out in 2012. It has all new AC, electrical, plumbing, windows, exterior doors, roof, insulation and kitchen. It also has an oversized backyard, near a canal.

FINANCIAL SUMMARY - Click for Full Breakdown

At Listing Price Purchase Price: $145,000 Rehab: $0 Closing Costs: $4,350 Total Investment: $149,350 Financed Amount: $112,013 Cash Investment: $37,338 Annual Revenue: $19,800 Annual Expenses: $10,720 Interest: $5,601 Net Income: $3,479 Annual Return: 9% Annual Appreciation: $1,450 Total Return Potential: 13%

At Recommended Price Purchase Price: $123,250 Rehab: $0 Closing Costs: $3,698 Total Investment: $126,948 Financed Amount: $95,211 Cash Investment: $31,737 Annual Revenue: $19,800 Annual Expenses: $10,720 Interest: $4,761 Net Income: $4,319 Annual Return: 14% Annual Appreciation: $1,450 Total Return Potential: 18%

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