Gwinnett Dr., Winter Garden, FL 34787

no images were found

This beautiful home doesn’t need too much love to turn a profit. Built in 2015 with gorgeous top-notch finishes, market value for this property is already at LEAST $359k. Lots of built-in equity on this deal.

Currently occupied by a great long-term tenant paying $2,000 per month through February 2019. Market rents are around $2,300-2,400/mo, so great chance for even more cash flow once the lease ends. HOA fees are $211/month.

The only real repair we’d even consider would be replacing the flooring up the stairs and replacing the upstairs carpet. Other than that you’re looking at some seriously light cleaning and painting.

Buy it now, take in the cash flow for a few months, then either up the rent or throw it back on the market for a nice profit.

Drive-by only for now, DO NOT DISTURB THE TENANT.  Call for showing information

Cove at Hamlin, Monthly HOA: $211

Assignable

Est. Rehab: $10,000 – $12,000

Current Monthly Rent: $2,000 (market $2,300 – $2,400)

Est. ARV: $369,000

Recent Area Sales / Activity:

• 15097 Valverse Alley – 3/2.5, 2400 sf, built 2015, sold for $415k
• 15537 Aviation Alley – 4/3, 3200 sf, gorgeous updates, sold for $398k
• 5443 Bowman Dr – 4/4, 2600 sf, nice updates, sold for $375k