Key Metrics based on Seller's input

  • Gross ROI

  • Net ROI

  • Net ROI Cash

  • Net Monthly Cashflow

  • 37.47%

  • 32.06%

  • $44,852.57

  • $3,737.71

Acquisition Information

  • Price

  • Estimated Buyer's Closing Costs

  • $139,900.00

  • $4,197.00

Type: Condominium

100 EL CAMINO DR #101, WINTER HAVEN, Florida 33884

$139,900.00 37.47% GROSS ROI

Details

THE CONDO IS LOCATED IN THE DESIRABLE LOCATION OF ORCHID SPGS CONDOS. IT'S A 1ST FLOOR CORNER UNIT. WHICH GIVES YOU THE ADVANTAGE OF ACCESSING MANY CONVENIENCES AROUND THE COMMUNITY. INSIDE THE UNIT, THE LIVING ROOM IS LARGE AND SPACIOUS. THE BONUS ROOM OVERLOOKS THE LAGOON. YOU'LL ENJOY THE OPENNESS AND COMFORT, USING IT AS A PROJECT ROOM, OFFICE, OR WORKOUT AREA. IT'S EASY TO CONCENTRATE AND FOCUS IN A SERENE ENVIRONMENT. THE SURROUNDING PROPERTY HAS LOTS OF WILDLIFE TO ENJOY. THE LAND BEHIND THE LAGOON IS CONSERVATION LAND FOR YOU TO ENJOY FOR YEARS TO COME. THE NEWER BACK WINDOWS HELP WITH THE ENERGY EFFICIENCY. THE PRIMARY BEDROOM HAS AN ADJACENT MASTER BATH AND ACCESS TO THE BONUS AREA. THE GUEST BEDROOM IS LARGE AND SPACIOUS WITH A CLOSE PROXIMITY TO THE HALL BATH FOR YOUR COMPANY'S CONVENIENCE. THE COMMUNITY IS ENJOYABLE AND HAS PEACEFUL SURROUNDINGS. THE ELEVATOR & LAUNDRY ARE ABOVE ON THE 2ND FLOOR. PARKING IS IN THE FRONT OF THE UNIT. THE CONDO IS CENTRALLY LOCATED NEAR BANKS, DOCTORS, SHOPPING, AND RESTAURANTS.

Category: Buy & Hold       Baths: 2       Beds: 2       Sq Ft: 1361       Year Built: 1971       Listing Date: 2022-06-20       Private Pool: No       MLS Status: Active       Subdivision: ORCHID SPGS VILL 100 CONDO       County: Polk       Direction Facing: Northeast      

Tax Legal Description: ORCHID SPRINGS VILLAGE NO 100 CONDOMINIUM BOOK 1 PGS 18/21 UNIT 101 & AN UNDIVIDED 2.88% INT IN THE COMMON ELEMENTS

Owner Costs

  • HOA Fees per month

  • Annual Property Taxes

  • $400.00

  • $301.85

Rental Information

  • Estimated Monthly Market Rent

  • Realistic Vacancy Rate (%)

  • $4,500.00

  • 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:
    37.47%

  • NET ROI CASH:
    $44,852.57

  • NET ANNUAL ROI:
    32.06%

  • NET MONTHLY CASHFLOW:
    $3,737.71

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