Oviedo Condo near UCF

2 bed 2 bath 975 sq ft Built in 1988 / Condominium
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FlipForgePro Score

Quality of Comparables

50 /100

Level of Rehab

90 /100

Location of Neighborhood

90 /100

Quality of Floor Plan

95 /100

School Rating

70 /100

Placement in Neighborhood

90 /100

Rental Income

$1,850 mo. / $22,200 yr.

Investor Price 

$225,000

Closing Costs to Buy 

$5,000

Rehab Projection

$2,550

Utilities

$300

Property Insurance

$500 / yr.

Estimated Taxes

$2,400 / yr.

Property Management

$2,220 / yr.

Maintenance

$200 / yr.

HOA Dues

$4,332 / yr.

$12,548 Projected Income

5.39% Estimated APY

After Repair Value

$265,000

Investor Price

$225,000

Closing Costs to Buy

$5,000

Rehab Projection

$21,100

Utilities

Closing Costs to Sell

$14,400

$13,600 Projected Income

5.41% Estimated ROI

Property Details

Here is our latest quality asset.  In fact, it’s one of the closest communities where you can own, near the campus. This 2 bedroom, 2-bathroom condo is located close to the University of Central Florida. The HOA covers externals, the community pool, grounds, and pest control. Also, this unit is currently the only available unit to purchase in the entire community.

This top-level unit will convey all appliances. It features a newer AC unit and hot water heater. We recommend this condo as a rental. You will not need to do much more than apply fresh paint and a good cleaning in order to get it rent ready.

This location is in high demand and would make an excellent buy and hold. Contact your EquyityPro Advisor to secure this investment today.

Flip Rehab Details

$6,500.00

Rent Rehab Details

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