$29,000 ORLANDO. Bargain 1 bed condo with genuine 7.5% net yield

3029 Sir Hamilton Cir, 7 Titusville, Orlando, FL 32780 comprises a tenanted 1 bed condo of 736 square feet and is priced to sell now. Available at a bargain price of just $29,500 we expect this property to sell within 24 hours so contact us straight away to avoid disappointment. Constructed in 1985. Projected sale price in 5 years $75,000. Giving a combined ROI of 39.88%. Unlike many of our competitors, we take into acount…

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3029 Sir Hamilton Cir, 7 Titusville, Orlando, FL 32780 comprises a tenanted 1 bed condo of 736 square feet and is priced to sell now. Available at a bargain price of just $29,500 we expect this property to sell within 24 hours so contact us straight away to avoid disappointment.

Constructed in 1985. Projected sale price in 5 years $75,000. Giving a combined ROI of 39.88%.

Unlike many of our competitors, we take into acount all closing and ongoing costs to give you a genuine net yield!

 

KEY FIGURES:

Purchase Price:  $29,000

Buying Costs:   $2,500

TOTAL OUTLAY:  $31,500

 RENTAL INCOME:  $6,600 per annum

 OUTGOINGS:

 Taxes:             $240

HOA                 $2,436

Insurance:        $900

Management:  $660

 

TOTAL OUTGOINGS:  $4,236

NET INCOME:   $2,364

THE NET YIELD IS THEREFORE A FANTASTIC 7.5%.

For further information or to reserve this property, please complete the enquiry form as soon as possible.