Rare Orlando 4-Plex

$675,000 • 8 Beds / 8 Baths • 4,080 SqFt
Offer Submission Deadline
  • ARV $850,000
  • Price $675,000
  • Spread $175,000
  • Single Family House
  • 8
  • 8
  • 1984
  • 4080
  • 11388
  • No Garage

Description

Decatur St, Orlando, FL 32807

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Estimated Value

  • Est. Value High: $850,000+
  • Est. Value Low: $750,000
  • Est. Rent/Month: $6,800

Property Details

  • Rehab Level: Moderate - Heavy
  • Construction: Block / Siding
  • Electric Panel: 2022
  • Air Conditioner: Fair Condition
  • Water Heater: Good Condition
  • Roof: Good Condition
  • Occupancy: All units vacant

Recent Sales

  • 5454 Decatur St: Duplex ~SOLD $510k
  • 5214 Josephine St: Triplex ~SOLD $640k
  • 5540 Charleston St: Duplex ~Pending $485k

*Do not disturb occupants or walk on property. Trespassing is a criminal offense.

ARV $850,000.00
Purchase Price $ 675,000.00
Repair Cost $ 60,000.00
Total $ 735,000.00
Monthly Rent $ 1,750.00
Annual $ 84,000.00
Taxes $ (8,000.00)
Insurance $ (4,000.00)
Trash & Lawn $ (3,000.00)
NOI $ 69,000.00
ROI9.39%
Equity $ 115,000.00

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