6458 & 6460 Rockford Drive

Winter Park

$115,000 Asking Price

 

I would suggest offering $110,000  to $112,000 initially.  But I ran numbers at $115,000. 

 

Vinyl siding duplex built in 1983.  Each side is roughly 900 sq ft and is 2 BR, 1.5 BA.  One side is leased and the other side, the tenant is supposed to sign the lease this week.  Lots of recent updates to include:  carpet, vinyl and interior paint, roof just replaced in April 2008.  New heat pump for unit 6460.   Note that this is in the area of Fayetteville that will be annexed with a sewer assessment in the future.

 

P & I:                    $654.12  (based on 10% down at 6.5%)

Taxes:                   $119.75

Ins:                       $  30.00

Mgmt:                   $  79.20

Rent:                    $990.00  (each side rents for $495)

Cash flow:           +$106.93

 

Turn key opportunity!