1400 Eudora Rd.
Mount Dora, Fl. 32757
*Purchase separately*
Price: 269,900
Rehab: Below
Bedroom: 6
(4 x 1/1Bath, 1 x 2/1 bath)
Bath: 5
(bath in each unit)
Garage: open
Ext Const: Block
Built: 1979
Sqft: 3,198
(4 x 1/1 bath 624sqft, 2/1 bath 702sqft)
Tax/Yr: 2,440.00
(all units)
HOA: 200/mo. each
Septic/Sewer: Sewer
Market rent is 650+ mo, 2/1 is 650+ mo, gross rent ROI: 14.9%
*REVIEW MLS RENT COMPS W/ PICS ON LINK BELOW*
https://drive.google.com/drive/folders/1fMDnmEbyYbwmt4Dy7jFLdLFOl-7PrdPh?usp=sharing
1400 Eudora Rd #A08 (1/1), vacant, previous tenant paying 800/mo.
1400 Eudora Rd #A11 (1/1), leased 650/mo, end Feb 2019.
1400 Eudora Rd #B19 (2/1), vacant.
1400 Eudora Rd #C29 (1/1), leased 650/mo. end of June 2019.
1400 Eudora Rd #31 (1/1), leased 650/mo. end of Feb 2019.
HOA includes, water, sewer, pest control, insurance for exterior and common areas.
Property overview, subject property is located in Mount Dora, these units are among the cheapest 2% of condos in the entire city of Mount Dora and has the potential to earn an investor a 14.89% ROI.The rental comps of renovated homes in the area, lead us to believe these properties have a profit of $3,350/month.
All buildings have new roof except building A, which roof is in Good day, condition, well maintained AC in all units, clean kitchens and bathrooms throughout each.
Rent rehab, light 3-5K, just general cleanup.