❗️FURNISHED SubTo STR in Kissimmee – DISNEY WORLD 💵 | See Photos & Financials Below!

Description

💥💥15% Entry | Furnished Townhome minutes from Disney posing a 5.125% rate💥💥
Welcome to your cashflowing SubTo in the heart of Kissimmee, Florida! This beautifully furnished townhome offers an unbeatable location just minutes from the magical attractions of Disney World. Perfect for families and groups, this inviting property features all the comforts of home, including spacious living areas, screened in back patio, modern amenities, and tasteful decor. Enjoy access to a sparkling community pool, ideal for relaxing after a day of adventure. Plus, with a low interest rate on the mortgage, this townhome is not only a perfect getaway but also a smart investment opportunity!

Located in the vibrant heart of Kissimmee, this Airbnb/VRBO rental offers unparalleled convenience. The area is renowned for its family-friendly atmosphere and proximity to top attractions, ensuring that you have everything you need for an unforgettable stay. With easy access to major highways and the Orlando International Airport, this prime location makes exploring Central Florida a breeze.

Quick Details 🏡
Roof: Included in HOA
HVAC: 2022
Water Heater: 2022
1,512 sqft, 4 bed 3 bath
HOA: $260/mo
Deal Breakdown 📈
We have this property under contract subject to the existing mortgage. Accepting all offers above the starting price.

Starting Entry: $45,000 + CCs + TC

PITI: $2,202.91
Mortgage Balance: $259,000
STR: $2,800-$3,200/mo
LTR: $2,300-$2,500/mo
Previously ran as an Airbnb under bad Property Management and restricted dates for personal use which hindered cash flow
Interest Rate: 5.125%
COE: 7/7/2024
COC Return: 15%-25% (using 10% PM and 20% operating expenses)

Comps 🏘️
🗣Comps showing Instant Equity 🗣

2400 Caravelle Cir
315k @ 225/sqft | 5/20/2024

2436 Caravelle Circle
343k @ 226/sqft | 8/9/2023