Palmetto Duplexes, 10621 SW 77th Ct, Pinecrest, FL 33156

*already producing $12,000 per month. Both units rented* collect rent from high quality tenants that make passive income a breeze. This duplex is now producing $12,000 a month. With a low initial tax basis, this property is destined to be a great investment. It has been extensively renovated and is basically brand new: new roof, new pool, new bathrooms, new tile. The below financials are already in place and end up at a cap rate of ~6.2%. Effortlessly get your cash into the mid teens when purchased with leverage. Monthly income: $12,000 yearly property taxes $17,000 (includes post-purchase adjustment) yearly insurance $4,000 yearly utilities & misc costs $2,400 total expenses $23,400 total income $144,000 ***noi $120,600*** @ ~6.1% cap rate = $1,970,000