Key Metrics based on Seller's input

  • Gross ROI

  • Net ROI

  • Net ROI Cash

  • Net Monthly Cashflow

  • 22.12%

  • 19.47%

  • $15,387.92

  • $1,282.33

Acquisition Information

  • Price

  • Estimated Buyer's Closing Costs

  • $79,000.00

  • $2,370.00

Type: Manufactured Home

12919 NE 5TH ST, SILVER SPRINGS, Florida 34488

$79,000.00 22.12% GROSS ROI

Details

great opportunity to own a house close the Ocala national forest, house sits on two lots with an open barn on the second lot has its own electrical and well that can be turned into another house. AS IS SALE CASH OFFERS ONLY

Category: Buy & Hold       Baths: 3       Beds: 4       Sq Ft: 1824       Year Built: 1987       Listing Date: 2022-03-10       Private Pool: No       MLS Status: Pending       Contract Status: No Contingency       Subdivision: OAKWOOD       County: Marion       Direction Facing: South      

Tax Legal Description: SEC 18 TWP 15 RGE 24 PLAT BOOK UNR PAGE 004 OAKWOOD BLK I LOTS 9.10 AKA LOT 9 BEING MORE PARTICULARLY DESCRIBED AS: THE W 80 FT OF E 823.5 FT OF S 140 FT OF N 710 FT OF NE 1/4 OF NE 1/4 THE S 25 FT OF ABOVE TO BE USED FOR ROAD LOT 10 BEING MORE PARTI CULARLY DESCRIBED AS: THE W 80 FT OF E 823.5 FT OF S 140 FT OF N 570 FT OF NE 1/4 OF NE 1/4 THE N 25 FT OF ABOVE TO BE USED FOR ROAD

Owner Costs

  • HOA Fees per month

  • Annual Property Taxes

  • $0.00

  • $1,250.44

Rental Information

  • Estimated Monthly Market Rent

  • Realistic Vacancy Rate (%)

  • $1,500.00

  • 5

Analyze Deal

USE YOUR OWN NUMBERS TO ANALYZE:

Closing Price

Closing Costs (EST. 3%)

Expected Monthly Rent

Monthly HOA Fees

Vacancy Yearly Percentage Rate (EST. 5%)

Annual Property Taxes

Estimated Renovation

Annual Insurance

Annual Estimated Repairs

ESTIMATED NET ROI:

  • NET ROI:
    22.12%

  • NET ROI CASH:
    $15,387.92

  • NET ANNUAL ROI:
    19.48%

  • NET MONTHLY CASHFLOW:
    $1,282.33

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