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Investment Properties · Real Estate Consulting · Property Management

Winter Garden Condo

Posted on February 10, 2012
Windtree Lane #203, Winter Garden, FL 34787
Wholesale Price:$39,900 Square Feet:918
Bedrooms:2 Rehab Needed:$1,000
Bathrooms:2 Year Built:1983

Nice 2/2 condo nestled among mature landscaping and waterviews amenities includes pool,tennis and basketball courts. Condo is minutes from Winter Garden Village Mall.

EquityCash Flow
Estimated Market Value:$63,000Monthly Rent Income:$750
Annual Rent Income:$9,000
Purchase Price:$39,900Property Insurance:$300
Estimated Rehab:$1,000Annual HOA Dues:$2,400
Closing Costs:$1,500Estimated Property Tax:$44
Purchase Costs:$42,400Annual Expenses:$2,744
Equity:$20,600Net Income$6,256
Monthly Cashflow:$521
Annual ROI:14.75%