3 Bed, 2.5 Bath Condo in Fort Myers. Tenanted with monthly rent of 1000 USD!

Ref: US124
Selling Price: 64 800 USD
Price: £ 42 319 / 62 576 AUD
Area: Florida

Property size: 1200 sq.ft.
Bedrooms: 3

Send enquiry

Description property in usa

**Download PDF Brochure for full Income - Expense analysis**

This 3 bed, 2.5 bath property is 1200 sq ft which is large and spacious for a condo.

It is located in the heart of Fort Myers, South West Florida, close to Fort Myers International Airport. There are new shopping malls, local amenities and Florida Gulf Cost University close by.

Built in 2006, it was previously sold for 190,100 USD and we are now offering this foreclosed condo for only 64,800 USD.

The property comes tenanted with a minumum of a 1 year lease. The monthly rental return is 1000 USD.

It will be managed by our local property / rental management partner who charge 10% of the rental income. Property taxes are low at only 86 USD per month and the HOA fees are reasonable at 355 USD per month.

The annual projected Cash flow is 5,508 USD providing an excellent NET return of 8.5% per year - an excellent return for a low cost, hassle free condo development.