Wholesale Deal Nearly meets the 2% Rule

[Nemi W.]

Calling all landlords...This 2 / 1.5 Townhome has had some fire damage but when you're all in at $55k and getting rents of $975/month (about a 13% return), it's still a smart investment!  Plus demo has already been done.

Rents in the Lyme Bay Colony subdivision in Orlando are currently at $950 for the same layout (for NON-updated units).

• 2 Beds
• 1.5 Baths
• 1164 sf
• 2 stories
• HOA $240
• Rehab estimate (due to fire damage) $20k
• Located just southwest of downtown Orlando

Whether you're an experienced investor or a beginner with heart, I don't think you can go wrong with this one.

The 1st floor offers a walk-in pantry off the kitchen and a private, fenced-in patio that will become your tenant's oasis. On the 2nd floor, you'll find a large master, private balcony, and a washer/dryer room in the unit. The common grounds include a tennis court, pool, a clubhouse and more.

Sale price is just $35k

After Repair Value is $75k

Contact me immediately (call/text/email).  It will be held for the first to submit a non-refundable $1000 deposit.

Nemi

(407) 569-0513