Off-Market Property at 625 Katherine Ave, Orlando, FL, 32810

625 Katherine Ave, Orlando, FL, 32810

$270,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $188 per day and long-term for an average of $1,942 per month, based on similar listings in the area. Estimated short-term cap rate of 8.4%. Estimated long-term cap rate of 1.6%. !!!!!!! Investors or First time home Buyers !!!!!!!!!! This home is Beautifully renovated and has undergone a complete transformation. This stunning property is now ready for you to move in and enjoy all the modern amenities it has to offer. Key Features: Brand New Flooring throughout the entire home. Bathrooms fully remodeled. Kitchen of this home has been completely revamped with a brand-new countertop, new appliances, modern cabinetry. Brand New A/C. Roof approximately 6yrs old. Garage has been converted to a bonus room and has a split a/c. You'll love the convenience of extra space in the garage perfect for office or extra bedroom, storage, or even a workshop. This property is truly move-in ready. All the hard work has been done, allowing you to start living your dream immediately. Sold 'AS IS'. THIS HOME CAN BE OCCUPIED AS YOUR PRIMARY WHILE YOU CAN RENT THE BACK WHICH IS A FULL MASTER-BED ROOM AND HAS A SEPARATE ENTRANCE TO EXIT OUT OR COME IN THE HOUSE, THIS CAN BE RENTED TO ANYONE WHO IS LOOKING FOR A SINGLE BEDROOM OR AS AIRBNB AND GENERATE INCOME SO YOU OFSET YOUR MONTHLY PAYMENTS.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$1869
Bedrooms
3
Bathrooms
2
SQFT
1,173
Furnished
unknown
Year built
1962
Listing Status
Off Market
MLS
GC517090

Short-term Rental Potential
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$41,796

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$230

Price/SQFT

Long-term Rental Potential
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$23,304

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$1,942/mo

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