Modern Duplex Investment property located in Fort Myers, Florida. High NET yield of 13.22%!

Ref: US134
Selling Price: 79 900USD
Price: 49 018£
Area: Florida

Property size: 1864 sq.ft.

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Description property in usa

** Download the PDF brochure above for a full cost analysis on this property**

This duplex is located on Ribbon Ct, a nice quiet cul-de-sac in Fort Myers, SW Florida (Zip 33905). It is over 1864 st ft and is close to all amenities including shopping malls, schools and hospitals etc. The duplex has been fully renovated and is has a modern, open and spacious feel to it as you will see in the photos below.

The duplex is sold tenanted with a minumum of a 1 year lease and the rent will be 1200 USD per month (600 USD per side). This duplex originally sold for over 180,000 USD but is now on offer via foreclosure at only 79,900 USD! The current price per sq ft is 43 USD and a ‘normal’ building cost is around 80 USD per sq ft so you can see the huge discount on offer!

·         Tenanted 4 Bed, 2 Bath Duplex Villa in SW Florida
·         Good residential/rental location in Fort Myers
·         Excellent Buy-to-let investment product – hassle free!
·         House size = 1864 sq ft
·         Decking to rear
·         Built in 1978 but sold fully renovated / refurbished to ‘code’
·         Fully managed by local property/rental management company
·         High NET yield of 13.22%
·         Rental return = 1,200 USD/month
·         NET annual projected cash flow = 10,560 USD!

This is an excellent investment opportunity and there is a large demand for such multi-unit properties. It is a “Turn-key” investment requiring little input from the investor... full rental management included, no hassle, hands off property investment. There’s no better place to buy great value investment property at the moment than America.

Buying process

One of the great things about buying in America, is the simple buying process from anywhere in the world.

Reserve by paying an Admin fee of 3,500 USD (this is on top of purchase price) Fill out reservation form Pay 10% deposit to Tiltle Lawyer Escrow Account Receive full purchase contract, sign and return Receive HUD document to prove clean title Pay Balance of 90% to Tiltle Lawyer Escrow Account Pay Closing fees (approx 1000-1200 USD)