You are here: Home / Sold / Fox Hollow Dr, Titusville, Florida 32796 – $269,000 SOLD (CLICK HERE)

Fox Hollow Dr, Titusville, Florida 32796 – $269,000 SOLD (CLICK HERE)

Property Analysis

Market Value:  

Asking Price:  

Estimated Repairs:  Initial Repairs: $50,000

Closing/Holding Cost:  

Estimated Profit:  

Comparables:  

Comparables:  

Comparables:  

Comparables:  

Comparables:  

Property Details

Listing Price:  $279,000

Status:  PENDING

Address:  Fox Hollow Dr

City:  Titusville

State:  Florida

Zip Code:  32796

County:  

Square Feet:  All Units are 900 sf. - 1100 sf.

Bedrooms:  10+

Bathrooms:  10+

Garage:  None

Basement:  None

Carport:  None

Pool:  None

Construction:  Block

Year Built:  1985

Additional Features

Phenominal cash flow opportunity with this package of Quads. All buildings are on the same quiet street, surrounded by large oaks. Roofs were replaced within the last 5 years and each building has been well maintained overall. Most units will need paint, carpet, some kitchen appliance replacment, and misc. updating. The outside of the buildings need a good pressure wash and paint. We have budgeted the average rent rate conservatively at $550 per month in order to get a quick rent-up.
Look at these numbers:

Purchase Price: $279,000
Initial Repairs: $50,000
Cash Investment: $329,000

Annual Income: $79,200
Insurance: ($6000)
PropertyTaxes ($9000)
HOA: ($975)

Annual Return on Investment 15.3%
12 Units (3 Buildings)

12 UNITS TITUSVILLE
FOX HOLLOW DRIVE
TITUSVILLE, FL 32796
3 QUADRAPLEXES
4 UNITS WITH 2/2's
8 UNITS WITH 2/1's
NEEDS MODERATE REHAB

All Units are 900 sf. - 1100 sf.

Built in 1985
Block construction
Occupied - Call for Appointment!

.

Property Map


View Larger Map