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favorite this post $99000 / 1240ft2 - Trade 2 Florida Properties, $10K Yr. 10% Return 12 Miles 2 the Beach hide this posting unhide

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Springfield Ct N near Main St

(google map)

1240ft2

It is available...!!! Sunny Florida, 2 separate properties less than 3 miles from each other, 1st a 60' x 660' .91 Acres wooded lot, 9 miles from the Beach, 2nd property a 3 Big Bedrooms, 1 Bath Home, 3/1 All Brick House, Zoned Commercial / Residential, Live Here or Work Here, Corner Lot, One Car Detached Garage + Work Shop + Double Carport, A/C, Rents for $800 Month, $9,600 per Yr. Rent Income, $96,000 Rent Income After 10 Years. 10% Annual Return, Owner Retiring, Keep Rented or Move In, Quiet Neighborhood, Better Than New...!!! Extra Clean, Low Maintenance Brick, Wood Floors, LOW Property Taxes $550 per year, Insurance $450 Year, Central Area, Close to Everywhere, I-10, I-95, I -295, US1, 20 Minutes from The Beach, Downtown, Shopping, Mayo Clinic, Universities, Big Laundry Room with Washer and Drier connections, Corner Lot, can park RV, Boats, Big Trucks, All your Toys, NO RTO, NO Owner Finance, Motivated Owner Retiring, Other Properties + Management Available, Asking $99,000 for BOTH or Make Offer show contact info


Total Income= 800 *12 = $9,600Yr.
LOW Property Taxes = $550 Yr.
Insurance = $450Yr.
Net income = 9,600 - 1,000 = $8,600 Yr.
Cap rate = 9,600/99,000 = 10 % Annual Return
$96,000 Rent Income After 10 Years.
Please call show contact info to set up showing! Thanks!
  • do NOT contact me with unsolicited services or offers

post id: 6913773260

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