More to the Story (can't be true) [All You Can Analyze Weekend]

[Alex R.]

What am I missing? This deal looks too good to be true. Low cash upfront, renter in place, rent is almost 2% of supposed ARV...there must be more to the story, right? Otherwise this thing would have sold already. Conversely, 3780 Huntwicke Blvd, Davenport, FL 33837 looks like you'd need to sink at least 35-50k in cash (repairs plus downpayment) to get cashflow with a property manager (BRRRR).

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