15% Returns in Miami (Boynton Beach)

[Isaac Taylor]

METRO MIAMI INVESTMENT PROPERTY OVERVIEW

• Market: Metro Miami Area
• Listing Price: $155,000
• Rehab Estimate: $10,000
• Address: SE 5th Ave, Boynton Beach, FL
• Beds / Baths / Sq Ft: 3 beds / 1 bath / 1,378 sq ft
• Property Description: Great single family home, no HOA, 3 Bedrooms plus a den, needs a little TLC, extra large lot with fenced in rear, laundry room in the rear of the home, easy access to highway, ballpark and play area and close to waterfront dining, can bike to beaches and shopping

FINANCIAL SUMMARY - Click for more details!

At Listing Price Purchase Price: $155,000 Rehab: $10,000 Closing Costs: $4,650 Total Investment: $169,650 Financed Amount: $124,000 Cash Investment: $45,650 Annual Revenue: $19,800 Annual Expenses: $9,962 Interest: $6,200 Net Income: $3,638 Annual Return: 8% Annual Appreciation: $1,550 Total Return Potential: 11%

At Recommended Price Purchase Price: $135,000 Rehab: $10,000 Closing Costs: $4,050 Total Investment: $149,050 Financed Amount: $108,000 Cash Investment: $41,050 Annual Revenue: $19,800 Annual Expenses: $9,962 Interest: $5,400 Net Income: $4,438 Annual Return: 11% Annual Appreciation: $1,550 Total Return Potential: 15%

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