Off-Market Condo: 05 at 2532 Woodgate Blvd, Orlando, FL, 32822

2532 Woodgate Blvd, Orlando, FL, 32822

- #205

$119,000

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented long-term for an average of $1,434 per month, based on comparable local listings. Estimated long-term cap rate of 0.4%. INVESTOR BUY - Spacious one bedroom unit located on the 2nd floor, laminate floors, views of the pond, rental ready. Dockside is located within short distances to many services including restaurants, shopping, banking, and parks. The community is in transition making it an opportunity for a seasoned investor. The first floors were damaged by flood and the community is in the process of repairing the units. The special assessment $649.97will be paid by the first of the month beginning October 2023, per a period of 144 months or until such time as a settlement is reached with the insurance carrier and the loan is satisfied.

Property Information
Monthly Rent
$1,434
Monthly HOA
$627
Rental Policy
STR Restrictions
Yearly Taxes
$1560
Bedrooms
1
Bathrooms
1
SQFT
680
Furnished
unknown
Year built
1987
Listing Status
Off Market
MLS
S5093660

Long-term Rental Potential
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$17,208

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$1,434/mo

Rent