Orlando Investment Property

Multi-Family – 10 Units (100% Occupied) in Winter Haven, Near Legoland. West Central Ave, Winter Haven, FL

admin — Wed, 22 Feb 2012 17:24:12 +0000

BUILDING 1
Total Under Roof: 1,556 sqft
Living Area (as originally constructed): 1,536 sqft
Actual Year Built: 1920 Effective Year: 1985
Wall Structure: Wood Frame

BUILDING 2
Total Under Roof: 6,735 sqft
Living Area (as originally constructed): 6,696 sqft
Actual Year Built: 1920 Effective Year: 1985
Wall Structure: Wood Frame

A hard to find deal in Winter Haven, Florida. Minutes from the famous Lego Land and on the shores of Lake Howard in the old city center of Winter Haven. This is a FOR SALE BY OWNER property and it has been owned by E Estate LLC for more then 10 years. Fully rented for most of this time. Major improvements have been made over the last 3 years. This is a great cash flow, long term investment with Owner Finance available. Please call for more pictures and for a showing by appointment only and see rent roles below.

Wholesale Cash Price…Only $349.9K!!
-Cash or hard money only
-Buyer pays closing costs

CONTACT: Mitch Thomas – 407-844-5203
Investor-Orlando Home Solutions, LLC
Broker Associate/Realtor – Sand Dollar Realty Group

Perfect for Rehab or Rental. Check out this 3/2 Home in Rio Pinar Subdivision. Pimlico St, Orlando, FL

admin — Tue, 21 Feb 2012 16:25:23 +0000

Bedrooms: 3
Bath: 2
1818 SF
Block Construction

Great rehab or rental in Rio Pinar. Property has finished garage that could be used as an additonal bedroom. Has a screened in back porch and a fenced in backyard. The air handler and compressor are present and look to be in working order.

Needs: Flooring in most rooms, interior paint, roof will need to either be repair or replaced. Other than that, property needs only cleaning & cosmetics.

Wholesale Cash Price…Only $74.9K!!
-Cash or hard money only
-Buyer pays closing costs

CONTACT: Mitch Thomas – 407-844-5203
Investor-Orlando Home Solutions, LLC
Broker Associate/Realtor – Sand Dollar Realty Group

25% ROI on this 3 Bedroom, 1 Bath – 2 Story Townhome in the heart of Leesburg, FL

admin — Mon, 20 Feb 2012 21:57:52 +0000

25% ROI on this 3 Bedroom, 1 Bath – 2 Story Townhome in the heart of Leesburg, FL.
Just minutes from the Florida Hospital, shopping, dining, and schools.
Built in 1971, this unit will need a full rehab or approx. $10K to make it move in ready.

Bedrooms:3
Baths:1
Sq. Ft: 1,080
Repairs Needed: Full Rehab (Approx. $10K)

Wholesale Price: $14.9K!!

Taxed Assessesed: $28,365 (2011)
Taxes: $525.04 (2011)
Rents: $625 per month

Financial Analysis:

Rents: $625 per month x 12 = $7500 Gross Income
Taxes: -$525 per year
Insurance:-$600 per year
=$6,375 Net Operating Income /$14,900(Purchase Price) + $10,000 Repairs = 25% ROI

COMPARABLE SALES (COMPS): None in the last year that are townhomes.

Wholesale Cash Price…Only $14.9K!!
-Cash or hard money only
-Buyer pays closing costs

CONTACT: Mitch Thomas – 407-844-5203
Investor-Orlando Home Solutions, LLC
Broker Associate/Realtor – Sand Dollar Realty Group

20.5% ROI on this 3/1 Concrete Block Home in Leesburg. June Drive, Leesburg, FL 34748

admin — Mon, 20 Feb 2012 21:34:12 +0000

Check out this great deal on this 3 Bedroom, 1 Bath concrete block home with large fenced back yard
Located in the heart of Leesburg, FL, just minutes from Florida Hospital, shopping, and dining.

This home will make a great rental property or a starter home.
Built in 1964, this home needs some tlc but WOW, what a low price!

Bedrooms: 3
Baths:1
Carport: 1 Car
SQ Feet Living:864

Repairs Needed:
Sheetrock, kitchen cabinets/counters replaced, appliances, painting, carpet/tile and window units.

Rents: $650 per month
Tax Assessed:$35,679 (2011)
ARV(After Repaired Value) =$34,500
Financial Analysis:
Rents: $650 per month x 12 = $7800 Gross Income
Taxes: -$660.42 per year
Insurance:-$600 per year
=$6,540 Net Operating Income /$24,900(Purchase Price) + $7,000 Repairs = 20.5% ROI

COMPARABLE sALES (COMPS):

1. 209 INDIANA ST
LEESBURG, FL 34748-6095
Parcel ID # Lot Size: 9,120 sf Waterfront: No
251924110000D00400 Total Area: 1,654 sf Garage: Yes
Last Sale: $79,000 on 12/28/2011 ($62.40/SF) Bedrooms: 3 Baths: 1.5 Living Area: 1,266 sf Pool: No
MVR: 1.006 Market Value: $78,541 Distance: 0.27 miles Year Built: 2007 Stories: 1

2. 1200 BAKER ST
LEESBURG, FL 34748-6104
Parcel ID # Lot Size: 4,590 sf Waterfront: No
251924000100004800 Total Area: 985 sf Garage: No
Last Sale: $30,966 on 11/30/2011 ($39.70/SF) Bedrooms: 0 Baths: 1 Living Area: 780 sf Pool: No
MVR: 2.008 Market Value: $15,422 Distance: 0.28 miles Year Built: 1950 Stories: 1

3. 116 SUNNYSIDE DR
LEESBURG, FL 34748-6121
Parcel ID # Lot Size: 1.292 acres Waterfront: No
251924000100003202 Total Area: 1,248 sf Garage: No
Last Sale: $52,500 on 11/30/2011 ($42.07/SF) Bedrooms: 0 Baths: 1 Living Area: 1,248 sf Pool: No
MVR: 1.031 Market Value: $50,907 Distance: 0.49 miles Year Built: 1981 Stories: 1

4. 209 S LAKE ST
LEESBURG, FL 34748-5968
Parcel ID # Lot Size: 2,669 sf Waterfront: No
251924030000A00504 Total Area: 1,290 sf Garage: No
Last Sale: $20,000 on 02/24/2011 ($16.92/SF) Bedrooms: 0 Baths: 1.5 Living Area: 1,182 sf Pool: No
MVR: 0.557 Market Value: $35,938 Distance: 0.39 miles Year Built: 1981 Stories: 1

Wholesale Cash Price…Only $24.9K!!
-Cash or hard money only
-Buyer pays closing costs

CONTACT: Mitch Thomas – 407-844-5203
Investor-Orlando Home Solutions, LLC
Broker Associate/Realtor – Sand Dollar Realty Group

Burned Out Pool Home. Would Need to Be Rebuilt from the Ground Up. Macadamia Ct, Orlando, FL

admin — Mon, 20 Feb 2012 21:23:17 +0000

Here is a burned out pool home in West Orlando off of Hiawassee. The home needs everything except the block walls. You can go there and check it out but my estimate would be about $40k-$50k to do it all and the ARV is about $110,000 or so.

This is for a seasoned investor and not a rookie. Home was tax assessed at $105,000 prior to burning down.

Wholesale Cash Price…Only $26K!!
-Cash or hard money only
-Buyer pays closing costs

CONTACT: Mitch Thomas – 407-844-5203
Investor-Orlando Home Solutions, LLC
Broker Associate/Realtor – Sand Dollar Realty Group