Off-Market Multifamily (4/4) in Cocoa, FL

[Joshua Lyon]

BP Rental Calculator - Pro Forma

A fellow wholesaler has asked us to reach out and see if anyone might be interested in this off-market rental property. They have it under contract and will assign the contract. They are asking for cash-buyers only. Call, Text or email if you're interested.

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Thank you, Joshua Lyon

JTL Real Estate, LLC

WeBuyOrlandoProperties.com

Oviedo, FL

(407) 634-1833

See attached pictures and BP Calculator PDF's (Current and Pro Forma numbers)

1118 Peachtree St. Cocoa, FL 32922

Asking: $113k

Closing date: 6/7/2018

Rehab: $15k-20k

Rental rates could go to $600/650 each unit once updated ($2400-$2600/month)

$450 ea, solid renters currently

Each unit is 1/1, 4 total

$250 water and sewer each month

-Exterior could use paint job, but in fine condition. Does need shingles. Floors are all terrazzo. Window shaker units for the AC, nothing over three years old. Each unit has a kitchen, could use some cabinets, not a whole lot of upgrades in general, very small 18” uppers. No recent updates to bathrooms, has replaced vanities over time.