Solid Cash Flow Rental!

[Foster Algier]

We have an equity interest in this property and are selling the contract.

http://www.FACSOLD.com/

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Ferndell Rd, Orlando, FL 32808

INVESTMENT: $59,000

ARV: $75,000-80,000 +/-

Rehab: $15,000-20,000 +/-

3 Bedroom 1 Bath

1,076 SqFt

Built: 1954

Construction: Block

HOA:$0

This home is structurally sound and in ok condition it but will need some work to get rent ready. Concrete block construction with hardy plank enclosed laundry room. The home has already been re-plumbed, duct for central air and it has ceramic tile throughout. The kitchen and bathroom are in almost rent ready condition and will need a light touch clean up and the kitchen will need appliances. To get rent ready the home will need a roof, A/C compressor, drywall prep., paint, some doors and clean up. Rents range from $900-$1100 and recent some sales are over $90K.

All properties require cash or a private/hard money loan in order to purchase. No conventional or FHA financing available unless otherwise indicated. All inspections must be completed prior to buyer signing the contract. Buyers will need to provide a $3,000 non-refundable deposit at time of contract. Seller will convey using an as-is contract, clear and marketable title with a warranty deed. All closings are with a licensed title company with Insurable Title.

Buyer will be responsible for all closing costs unless otherwise indicated.

Foster Algier, Licensed Real Estate Agent, GRI

Real Estate Investment Source of Central Florida LLC