Prime Investment Opportunity in Orlando: Turnkey Property with High Income and Growth Potential
Step into a rewarding investment with the acquisition of 5806 Deerfield Road, Orlando, FL 32808. This property stands out in Orlando’s real estate market, offering a blend of consistent income, strong growth potential, and the opportunity to contribute positively to the community.
Key Highlights:
Stable Rental Income: Secure a 2-year leaseback agreement at a competitive rate of $2, 000 per month or less, providing immediate and reliable cash flow.
High Revenue Potential: This fully permitted property is designed to generate significant monthly income, with potential earnings between $25, 000 - $26, 000 when fully occupied.
Spacious and Versatile Living Spaces: With 4-5 generously sized bedrooms, this property is well-suited to maximize occupancy and revenue.
Convenient On-Site Storage: Multiple storage units on the property provide essential space for supplies and equipment, promoting operational efficiency.
Private and Peaceful Location: Positioned at the end of a quiet road, the property offers a serene environment, ideal for its intended use.
Business-Ready: The seller is offering training on managing the property, including guidance on relevant processes and client acquisition.
Strategic Location: Located in Orlando’s Ridge Manor neighborhood, this property enjoys low environmental risks, proximity to essential amenities, and access to a supportive community.
Proximity to Schools: Close to Ridgewood Park Elementary and Evans High School, providing convenient access to educational resources.
Investment Appreciation: The property has shown value appreciation since its last sale in 2019, indicating potential for future growth.
Broad Appeal: This investment opportunity attracts both local and international buyers looking to invest in Orlando’s dynamic real estate market.
This property is more than just a real estate investment; it's a chance to achieve financial returns while making a positive impact. Whether you're an experienced investor or looking to diversify your portfolio, 5806 Deerfield Road offers a distinctive, socially responsible investment opportunity in Orlando's thriving real estate market.
Seize this chance to own a valuable piece of Orlando’s real estate. Contact Dail today to learn more about this exceptional investment opportunity.
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Our Executive Mortgage Banker:
Our Insurance Division:
$349,900
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $279,920 | $279,920 | $279,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.490% | 5.490% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.490% | 6.654% | 5.752% |
Monthly Tax Payment | $281 | $281 | $281 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,769 | $1,767 | $2,286 |
Total Monthly Payment | $2,125 | $2,123 | $2,642 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.