Outstanding Orlando Discount Property – 6302 Redwood Oaks Dr. This 1276 square foot single family home has 3 bedrooms and 2.0 bathrooms. It is located at 6302 Redwood Oaks Dr Orlando, Florida. Annualized Cash on Cash return of 15.78%. This would be a great rental or a great flip. Come check out this great Orlando Discount Property!
As-Is Value: $114,000
Wholesale Cash Price.. Only $76,000
Supporting Documents
#1 – 6302 Redwood Oaks Dr. – Property Card
#2 – 6302 Redwood Oaks Dr. – Tax Bill
#3 – Recently SOLD MLS Comps.
#4 – Recently LEASED MLS Comps.
#5 – 6302 Redwood Oaks Dr. – Net Operating Income Worksheet
| As-Is” Value | $114,000 |
| Asking Price | $76,000 |
| Gross Monthly Rent | $1,100 |
| Gross Annual Rent | $13,200 |
| Annual Vacancy | (5%) $660 |
| Annual NET Rent | $12,540 |
| Annual Taxes | $819 |
| Annual Property Management | $1,320 |
| Annual Property Insurance | $696 |
| Annual Maintenance Reserve | (5%) $600 |
| Annual HOA | $265 |
| Annual NET Operating Income (NOI) | $8,840 |
| Annual ROI/CAP Rate (Inc. Repairs) | 11.63% |
| Annualized Cash-on Cash Return | 15.78% |