Orlando Condo near Dr. Phillips

Orlando Condo near Dr. Phillips

3 bed 2 bath 1146 sq ft Built in 1974 Condominium
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82
Occupancy Status
Low High
16 /20
Level of Rehab
Heavy Light
17/20
Location of Neighborhood
Far Close
17/20
Quality of Floor Plan
Choppy Flowing
17/20
School Rating
F A
8/10
Placement in Neighborhood
Busy Calm
7/10
Property Details

Welcome to your next investment opportunity in the highly-sought after 32819. This turn-key, 3 bedroom, 2 bathroom, condo is located near the desirable area of Dr. Phillips and offers an ideal rental property for savvy investors. With its convenient location to theme parks, restaurants, and shopping, this condo promises to attract tenants seeking a comfortable and accessible lifestyle.

Currently, the unit has three tenants on individual leases who are paying a combined $2100 per month, which is above market rent for the area. The current monthly fees are $626, which includes the water bill. The A/C was replaced two years ago. With some minor updates including paint, and minimal kitchen and bathroom updates, this unit could easily continue bringing in $2,100 per month.

Properties at this price point move quickly. Contact your EquityPro Advisor today. 

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We recommend rent
Rental Income
$2,100 mo. / $25,200 yr.
Estimated Taxes
$2,530 / yr.
Maintenance
$500 / yr.
HOA Dues
$5,220 / yr.
$13,230
Projected Income
6.60%
Estimated APY
$17,200
Projected Income
7.72%
Estimated ROI

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