St Cloud Rental With Equity

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Rental Return
St Cloud, FL 34769

Bedrooms: 1     Bathrooms: 1     SQFT: 870

Year: 1950     ARV: $133,000

Off-Market, concrete block, St Cloud rental now available. This property was rehabbed from down to the studs in 2011 making the home basically, 8 years old. There is a current tenant on a month to month lease paying $850 / month giving you a minimum NET return of 7.04% from the moment you close. Market rent is estimated to be $1,050  / month so there is a lot of upside to this property and raising the rent to the current market rent. As stated earlier, there should be no rehab needed on this home and by raising the rent to the standard market price, investors should expect a NET ROI of 9.23%. Give us a call today to schedule a showing.  

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