$44,500 Orlando single family home with 13.83% net yield

856 Willie Mays Ave, Orlando, FL 32811 is a 4 bedroom single family home located in sought after Orlando. The property is currently being refurbished and a new tenant will be in residence before closing generating a net income of $6,500 per annnum. Unlike many of our competitors, we take into account all closing and ongoing costs to give you a genuine net yield! KEY FIGURES: Purchase Price:  $44,500 Buying Costs:   $2,500 TOTAL OUTLAY:  $47,000  RENTAL…

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856 Willie Mays Ave, Orlando, FL 32811 is a 4 bedroom single family home located in sought after Orlando. The property is currently being refurbished and a new tenant will be in residence before closing generating a net income of $6,500 per annnum.

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

KEY FIGURES:

Purchase Price:  $44,500

Buying Costs:   $2,500

TOTAL OUTLAY:  $47,000

 RENTAL INCOME:  $9,000 per annum

 OUTGOINGS:

 Taxes:             $800

Insurance:        $800

Management:  $900

 

TOTAL OUTGOINGS:  $2,500

NET INCOME:   $6,500

THE NET YIELD IS THEREFORE A FANTASTIC 13.83%.

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