Rental Condo - 10.69% NET ROI
Lakeland, FL 33801
Bedrooms: 2 Bathrooms: 1.5 SQFT: 1,158
Year: 1976 ARV: $81,900
Almost Rent Ready Condo Situated in The Grove, in Lakeland, Floorida. The HOA Just Put New Roofs on the Buildings and This Condo is a Perfect Addition to Any Investors Portfolio or Even a Great Starter Home For a Young Professional in This Booming Area of Polk County. Built in 1976, This Condo Features 2 Bedrooms, 1 1/2 Bathrooms, 1,158 Square Feet of Living Space and a Beautiful View of a Pond Right Off of the Back Porch. The Property Has Tile and Laminate Flooring Throughout and is Essentially Move-In Ready. We Factored in a Rehab Budget of $3,500 for Replacing the Kitchen Counters That are Showing Their Age and Also Any Miscellaneous, Small Repairs That May Be Needed. Adding This Condo to Your Portfolio You Should Expect it to Rent Quickly as Housing in the Area is Definitely a Landlord's Market. We Anticipate the Monthly Rental to Be Approximately $1,100 a Month Giving Investors a Strong Return Well Over 10.50% NET. Call Florida Property Hub Today For More Information on This Great Investment Property.
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