E Magnolia St.Leesburg, FL 34748

25% ROI on this 3 Bedroom, 1 Bath – 2 Story Townhome in the heart of Leesburg, FL.
Just minutes from the Florida Hospital, shopping, dining, and schools.
Built in 1971, this unit will need a full rehab or approx. $10K to make it move in ready.
Bedrooms:3
Baths:1
Sq. Ft: 1,080
Repairs Needed: Full Rehab (Approx. $10K)
Wholesale Price: $14.9K!!
Taxed Assessesed: $28,365 (2011)
Taxes: $525.04 (2011)
Rents: $625 per month
Financial Analysis:
Rents: $625 per month x 12 = $7500 Gross Income
Taxes: -$525 per year
Insurance:-$600 per year
=$6,375 Net Operating Income /$14,900(Purchase Price) + $10,000 Repairs = 25% ROI
COMPARABLE SALES (COMPS): None in the last year that are townhomes.
Wholesale Cash Price…Only $14.9K!!
-Cash or hard money only
-Buyer pays closing costs