Renovated Mid-Term Rental Opportunity [Code: 1588]

Asking $ 318,900
  • Single family house with 3 bedrooms and 2.5 full bathrooms
  • Storage shed located in the backyard. Perfect for mid-term rentals!
  • If MTR strategy is preferred, a fence may need to be added for privacy and yard usage
  • Location has quick access to major commuting routes, shopping and schools
  • Purchase of the furniture is negotiable
  • Highly appreciating area with a strong rental market
  • Property has been on the market for 158 days
  • Another Mid-Term Rental is listed in the area for $7k/mo.
  • Home has a flood certificate and does NOT need flood insurance and has never flooded even through hurricane Helene
  • Video was taken AFTER hurricane Helene and has no damage or flooding issues\
  • No HOA charges
  • #cashflow #appreciation #turnkey #MTR #hybrid

    • Updated On:
    • October 8, 2024
    • 3 Bedrooms
    • 2.5 Bathrooms
    • Attached Garages
    • 1,676.00 ft2
    • Year Built:1988
    Property Id: 68299
    Price: Asking $ 318,900
    Property Size: 1,676.00 ft2
    Property Lot Size: 14,810.00 ft2
    Rooms: 8
    Bedrooms: 3
    Bathrooms: 2.5
    Year Built: 1988
    Garage: Attached
    Garage Size: 2
    External Construction: Concrete
    Roofing: Shingle
    Rent (mo): 2400
    ROI (ann): 17%
    Cashflow (mo): 159
    Property Taxes (mo): 245
    Insurance (mo): 150
    Repairs (mo): 75
    Management Fee (mo): 203
    Leasing Fee (ann): 956
    Vacancy Rate (ann): 48
    Other Features
    back yard
    deck
    fireplace
    storage
    Transport
    Supermarkets
    Schools
    Restaurants
    Pharmacies
    Hospitals

    $ 1,910.37
    per month
    • Principal and Interest
    • Property Tax
    • HOA fee
    $ 1,511.75

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    Property Reviews

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    Information contained herein was obtained from sources deemed reliable, however, Simply Do It and/or the owner(s) of the property make no guarantees, warranties or representation as to the completeness or accuracy thereof. The presentation of the property is offered subject to errors, omissions, changes in price and/or terms, prior sale or lease or removal from the market for any reason without notice. The analysis is provided "As Is". All the information is believed to be accurate (except for the small effects of some simplifying assumptions), but is not guaranteed, and depends on the values entered for the property. This analysis is intended for the purpose of illustrative projections. The information provided is not intended to replace or substitute for any legal, accounting, investment, real estate, tax, or other professional advice, consultation, or service. Simply Do It and/or the owner(s) are not responsible nor liable for any damages arising from the use of the analysis info.

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