Closeout 2 Bed Town Homes

Exclusive Limited Availability - One Of Only Six Units Available.Turtle Creek Is A Beautiful New Residential Community In The Heart Of Central Florida. Located Close To The Expansion Plans Linked With Medical City, Lake Nona And Kissimmee, This Brand New Lake View Town Home Provides The Perfect Opportunity For An Ideal Buy-To-Let Or Residential Unit. Turtle Creek Offers Residents Quiet Sidewalks With Natural Preserves That Span Lake Runnymede. With Impressive Connection Times To Orlando International Airport, Medical City At Lake Nona, DownTown Kissimmee Or Saint Cloud, Highway 192, State Road 417 And Florida´s Turnpike, Turtle Creek Will Be Part Of The Expnasion For Many Years To Come - Just What You Want When Purchasing An "Investment".

Property Detail

This Spacious Floor Plan Includes Two En-Suite Bedrooms, Huge Living Room And Large Courtyard Area With Connecting 2 Car Garage. Central A/C, Fully-Fitted Kitchen Including Refrigerator, Oven, Range And Dishwasher.

Summary

Approximately 15 Minutes To International Airport
58% Below Previous Market Value
6.55% Net Yield
Monthly Cash Flow Positive
Immediate Tenant Demand
Management Available
Fantastic Location

Financials





2 Bedroom Town Home - Bedford


 
 


 
Purchase Price
$99,999.00


Income
 
 


 
Monthly Rent
$950.00


 
Annual Gross Rent
$11,400.00


Expenses
 
 


 
Management Fee (10%)
$1,140.00


 
Historical Real Estate Taxes
$1,998.00


 
Association Dues ($163/Monthly)

$1,956.00




 
Estimated Insurance
$900.00





Annual Expenses
$4,584.00


Cash Flow & Appreciation
 
 


 
3-Year Market Correction
57,214.00


 
Monthly Cash Flow
$545.50


 
Net Operating Income (NOI)
$6,546.00


 
Return On Investment (ROI)
6.55%


 
3-Year Total Returns
$76,852.00


 
3-Year Cumulative ROI
76.85%