$279,000
Description
FAST RESPONSE!!! Perfect home for starting family, Start/add to your investment portfolio. New Construction! This brand new open-plan home with 9-foot ceilings is sure to impress your tallest relative. The brand new kitchen, with solid granite countertops and stainless steel appliances is a show stopper for family and friends for years to come. Store all of your hard-to-store items in your new walk-in closets. Your new private master bath is allows is tranquil and quiet, so you can get some peace of mind in your soaking in your new tub. The split level plan allows others to use their own bathroom away from the master. Wash all of your family's clothes in the privacy of your new home in your new separate utility room. You don't have to worry about any leaks because your roof is brand new! The new recessed lighting and luxury vinyl waterproof flooring allows the backdrop for your new family to grow and thrive. Host your next big party in your new large fenced backyard and store all your tools in the included shed (8'x6')! Easy access to downtown Apopka and highway 429. Investors don't miss this STRONG investment. A healthy 36% Levered Internal Rate of Return (IRR) based on a five year hold, 20% down payment ($50k) renting for $1,794 monthly ($21,528 annually) with a 5% increase annually and 25% in expenses [taxes, insurance, repairs, vacancy] then selling for 7% cap in year five. (Initial -$50k, Yr1 net $16k; Yr2 $16.9k; Yr3 $17.7k; Yr4 $18.6k; Yr 5 $19k; End $79k gross profit). Come and check this property out before your competition does!
Listed by Cardiff Howell, .
Property Highlights
- Year Built: 2022
- Property Type: Single Family, Single Family Residence
- MLS #: O6079719
Room Information
| Full Baths | 2 |
| Total Baths | 2 |
| Total Beds | 3 |
Property Features
| Direction Faces | North |
| Interior Square Footage | 1,050 |
| Lot Size Acres | 0.2 |
| Lot Size Square Feet | 8,820 |
| New Construction | Yes |
| Rooms | 5 |
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