Link to Properties - 02-Res Customer Synopsis
208 Sandhill Crane Runin East Orlando. This home is in the Eastwood neighborhoods in the general Waterford Lakes area. Eastwood itself is a large golf course community with planned oak shaded streets, neighborhood grocery center, “A” rated schools and proximity to all of the east Orlando employment centers.
The home itself is in excellent condition, needing nothing to put directly on the rental market. Upgrades were throughout the home as well, from the kitchen cabinets, counters, and appliances, to the bathroom vanities, laminated wood and tile flooring all throughout. I give this home an A+. Built in 1996, the home likely has about 5 years left until the roof will need to be re-shingled, but otherwise the home looks nearly new with the advantage of being in an established mature neighborhood. Rents between 1200-1300 with the higher end being likely, provides up to 5.5% cash return without financing (based on my ROI estimate including vacancy factor, maintenance, taxes, insurance etc….) with excellent potential for appreciation. Additional pictures available and this home is NOT a short sale or bank owned so a quick and easy closing is available!
13211 Moss Hollow Ctin East Orlando. This home also is an absolute gem with more upgrades than any other I have seen in this neighborhood. On a cul-de-sac, this home is also Move-In ready with nothing needed to put it on the rental market. The kitchen has been entirely professionally re-done with cabinets and stone countertops and stainless steel appliances. The flooring is slate tile and laminate wood throughout the entire home for durability and beauty, only the secondary bedrooms are carpeted. The upgrades continue in the master bathroom and are topped off with a large fenced in back yard.
Estimated rents for this 4 bedroom home are between $1250-$1325/mo providing up to 6% on cash return with great potential for appreciation. Additional pictures available
9588 Silver Buttonwood Stin the Lake Nona “Medical City” area. This townhome offers the chance to get into the lake nona area for well below 150K…currently asking $129,500, this property will contract quickly. Practically new, built in 2007 this townhome was quality built with lots of upgrades in the kitchens and baths as well as laminate wood flooring downstairs. A short sale that is likely to go relatively quickly as well, this home can be rent ready with just adding a washer and dryer. The only downside to the property is that it does back to a brick sound wall to which the other side is Narcoosee Rd. Additional pictures available.
Other than that, rents estimated to be $1200-1300/mo for this home as well, providing potential returns of up to 5.5% for cash purchases; and the appreciation potential of Lake Nona
30 N Lawsonais a diamond in the rough in Downtown Orlando. An amazing property in one of the best parts of Downtown, the interior is modern with upgraded kitchen cabinets and solid surface counters, a Jacuzzi garden tub with separate shower in the bathroom, and vaulted ceilings with recessed lighting throughout. This property is physically a detached single home with 1 bed, 1 bath, and plenty of room, the property is legally a condo…which is where the rough part comes in. The other detached single family home in the condo (just the 2 properties) is also in distress, not paying for any association dues or the upkeep of the common area’s (lawn and reserves for roof/painting), showing on the MLS as the HOA dues are $400/mo. This property will require legal legwork to get the association in order and to provide additional upside and ability for the new owner to get first crack at the other unit in the condo. This property is not for the casual investor and will require professional assistance to maximize. VERY worth the effort. Additional pictures available.
.
Your Orlando Home Expert
Direct: 407-222-7281
GregMTraub@gmail.com
Comments(0)