113-115 Ichabod Ave S Lehigh Acres, FL 33973
6bd, 4ba | 2,352sqft | Built in 2002
Expand
Initial Investment
$201,085
List Price: $189,000
Purchase Price
$189,000
Down Payment
100%
Rent
$1,900

Total Return
$83,906
Annualized Return
7.9%
Cap Rate
6.3%
Gross Yield
12.1%
Cash Flow
$11,128
Appreciation
4.5%
Features
Roofstock Certified
Occupancy
Vacant
Property Type
Duplex
Lot Size
12,850 
HOA
None
Flood Risk
Not Required

  • Duplex built in 2002
  • 1 of 2 units are occupied

Buy It Now: Offers at list price include an American Home Shield home warranty.

Annual Financial Highlight
Expected Rent
$21,660
Expenses
-$7,640
Property Taxes
-$2,892
Loan Payments
$0

Net Cash Flow
$11,128
Considerations
Property Characteristics    View Details


Inspection Contingency
This option lets the buyer specify that the home be inspected within a specific time period, during which the buyer can negotiate price or repairs based on the inspector’s findings or cancel the contract. Prior inspection reports may be available in the diligence documents. In some instances, the property has an inspection report from more than 4 months ago and needs an updated inspection.
  • The seller may be more willing to negotiate with a buyer in contract.
  • Opportunity to negotiate a lower price or repairs if any issues are discovered during the inspection process.
  • Ability to have the earnest money deposit refunded if the transaction is cancelled before the inspection contingency termination date.

Property Management   

Why choose?

From repairs and maintenance to communicating with tenants, our certified property management teams protect your assets and keep things running smoothly.