Off-Market Property at 1401 29th St, Orlando, FL, 32805

1401 29th St, Orlando, FL, 32805

$120,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $171 per day and long-term for an average of $1,144 per month, based on similar listings in the area. Estimated short-term cap rate of 19.5%. Estimated long-term cap rate of 4.3%. Auction Property. Attention Investors! Here’s an exciting chance to take on a project in a well established neighborhood: a 2-bedroom, 1-bath bungalow on a spacious corner lot surrounded by trees and mature landscaping. This property is the perfect opportunity for someone ready to put in some work and see a vision come to life. Property is being offered AS IS, WHERE IS. *** NO TRESPASSING. DO NOT DISTURB ANY OCCUPANTS! *** Auction Dates: 3/23-3/26.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$904
Bedrooms
2
Bathrooms
1
SQFT
600
Furnished
unknown
Year built
1951
Listing Status
Off Market
MLS
V4935098

Short-term Rental Potential
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$32,004

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$200

Price/SQFT

Long-term Rental Potential
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$13,728

Revenue
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Profit
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Cap rate
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Cash on Cash
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$1,144/mo

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