$250,000
This is quite a deal for those looking for Space Coast investment property. 6-unit complex located just off US1...just south of the City of Melbourne in Palm Bay, FL.
Here are some highlights:
1, Tremendous gross and net income figures (see below)
2. Remodeled and updated between 2013-2015.
3. Fully rented.
4. Near Melbourne and FIT (college).
Here is a breakdown of the financials:
Monthly Income
House $900
Unit A 600
Unit B 600
Unit C 700
Unit D 700
Unit E 700
Total $4,200 per month
Monthly Expenses FPL $600 Water, sewer 200 Maintenance 200 Taxes 200 Insurance 275 Total $1,475 per month
Net $4,200 - $1,475 = $2,725 per month or $32,700 per year net profit
Call me at 321.223.6253 or email me at jdimuria@aol.com for additional details, or to view the complex.
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