Off-Market Property at 6826 Derrick Dr, Orlando, FL 32818

6826 Derrick Dr, Orlando, FL 32818

$320,000

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented long-term for an average of $1,980 per month, based on comparable local listings. Estimated long-term cap rate of 0.3%. Under contract-accepting backup offers. Investor selling rental portfolio. Investors this property has been remodeled and is in like new condition. Many items are a few years old and will provide years of service. You can just sit back and collect rent, because this home is currently rented and is perfect to begin to build your rental portfolio. If you are looking for your future home you found it in this comfortably lactated home. Home offers a lot of space with three bedroom, open concept living dining room combination. Perfect location near stores, restaurants and many forms of entertainment and did I mention home is close close to theme parks. Seller is motivated and will consider reasonable offers. Come see this excellent opportunity for yourself.

Property Information
Monthly Rent
$1,980
Monthly HOA
$0
Rental Policy
STR Restrictions
Yearly Taxes
$2341
Bedrooms
3
Bathrooms
2
SQFT
1,197
Furnished
N/A
Year built
1958
Listing Status
Off Market
MLS
O6172528

Long-term Rental Potential
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$23,760

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$1,980/mo

Rent