For sale 13 days ago

$129,000

3 bd 1 ba

2704 E Main St, Mims, FL 32754

Residential SFR Occupied Off MLS

Current Rent **

$1,125

Projected Rent **

$1,125

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Estimated Rent †

Pro Only

Estimated Rent Confidence ‡

Low

✅ INSTANT Passive Income | Great Rental Opportunity for Investors‼️

‼️ ATTN INVESTORS!—GREAT RENTAL FOR PASSIVE INCOME OR NICE HOME TO MOVE INTO YOURSELF!

SERIOUS CASH BUYERS ONLY or Owner Financing terms below.

INSPECTION: BY APPT ONLY!! (tenant occupied)
Address: PLEASE CONTACT US

✅ Suggested CASH Price: $129K + ALL closing costs

ARV:​ $180K In our humble opinion ;)

Details:
3 Bed, 1 Bath
Approx. 864 Sq Ft under AC
Wood Frame

Built in 1955
City water/Septic

No code violations
- New roof
- New A/C
- New electrical
- New plumbing
- New septic/drain field

🛠 Repairs Needed:​
Fully renovated! - No work needed!

**Currently rented, but the tenant is looking for a bigger house, and they can move as soon as they find it. Lease expires on 1/31/23 or as soon as tenants get transferred.

RENTAL COMPS:​ $1,125+ (it is currently rented Section 8) Rent will increase for 2023

✅ Suggested CASH Price:​ $129K + ALL closing costs
Closing: within 30 days

🏡 OWNER FINANCING:
15% Down
3 points on mortgage
10% interests
payments can be interests only, or amortized over 20/30/40 years
balloon in 5 years

Must be ALL CASH (full price or down pmt) or Hard Money

📲📲 PLEASE CALL/TEXT 321-425-1632 FOR MORE DETAILS/PICTURES
When sending a TEXT, please mention you saw this on Bigger Pockets along with the price of the home (ex: I saw your ad on Bigger Pockets for the home listed for $129,000)

Location:

2704 E Main St, Mims, FL 32754

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.