Prime Location Vacation Rental – 4/3 On Ft. Lauderdale Beach!

 

Repairs: $0 (FULL HIGH END UPGRADE 6 MONTHS AGO)

HOA: $0  (NO HOA FEES OR RESTRICTIONS!)

Taxes: $6,440 (2017)

Vacation Rental Comps: $120K – $160K/yr in 2017 (and increases yearly)

Cap Rate: 10% – 15% (Leverage this and shoot your cap rate above 20%)

Appreciation: 5 – 15%/yr (I Know, I Know you can’t bank on appreciation BUT, if you had to bank on one property to appreciate, you’d bank on the high end property on the Ft. Lauderdale beach, ijs!)

No Flood Insurance required because the house is 7’ above sea level

 

Asking Only: $1,020,000

Availability: Available

call us at 415-845-6846

theonestopllc@gmail.com

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