CALLING ALL SEASONED BUY & HOLD INVESTORS!!! If you’re in the market for a Dirt Cheap Leesburg Income Property then take a look at this 2 bedroom, 1 bath single family home located in the heart of Leesburg, FL. This property is perfect for investors seeking single-family homes to keep as rentals and produce Cash Flow! Once renovated, this property will rent for at least $750/month.
“As-Is” Value = $35,000
“AFTER-REPAIR” VALUE = $70,000
Estimated Repairs = $25,000
DISCOUNT WHOLESALE PRICE = $30,000
CAP Rate = 11.54%
Cash-On-Cash Return = $26.99%
Close By Date: ASAP!
Access: Call for Access Instructions.
Recommended Repair
This property needs a Full renovation which should cost no more than $25,000 and take no more than 60 days to complete due to the size.
Terms
This property is available via our “Assignment Program”. We have entered into a purchase contract with the current owner to buy the property. We will sell our equitable interest in this contract to a third party via assignment for a fee. A local, reputable title company and/or attorney will be enlisted to handle the closing and transfer of title.”
All properties are sold for cash or hard money on a “First Come, First Served basis”. Buyers responsibility to do your own due diligence and verify all information. Prices are NET to seller with buyer paying all closing costs, including any Agent/Broker commissions. Opinions of value/rents are given as a courtesy and no guarantees are expressed or implied. A minimum of $3,000 deposit and fully executed assignment agreement required to secure the property. Our properties move fast so contact us quickly if you have an interest in purchasing this property.
Hurry! To make us an offer ASAP! Properties like this don’t last long.