BPIFMF0222
  Posted on January 22nd, 2010
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Property Details
Posted On: January 22nd, 2010
Price: 27,953 GBP
Property Location: Lee County, Florida, USA
Property Description
BPIFMF0222: Single-Family Home with 2 bedrooms and 2 bathrooms Short Sale Single Family Home in Fort Myers, Florida with Scope for MAJOR Capital Growth
TOTAL COST TO PURCHASE, including ALL Fees & Costs: $ 44,725 / £ 27,953
INVESTMENT PROPOSITION: Property Price Recovery (with Long-term Rental)
Purchase Price:  $31,000 / £19,375Last Sold in Sep 2005 for: $148,000 / £92,500Estimated Current Market Value (CMV)  $96,200 /£60,125 (based on Case-Schiller indices for Tampa FL)Potential Gain (CMV / Purchase  Price)  - 310%Potential Gain (CMV / Total Purchase Cost)  - 215%Substantial Rental IncomeProperty Specification and Features:
A Single Family Home, single storey, with 2 bedrooms and 2 bathrooms.Spacious Plot 162 x 140 ft = 22,680 sq ft, over 0.5 acre.Heated space 2156 sq ft.Centrally Located, close to shopping and medical facilities.Built 1964, concrete block construction.Attached Car Port for 2 cars and drivewayNOTE:  REHAB estimate is $7K allowed in purchase price. Full Home Inspection and detailed REHAB quote available to the reserving buyer. Project Managers and Contractors in place to complete the work.For further information or to reserve this property, please contact us immediately
Extra Details
Amenities Unspecified
Baths 1
Beds 2
Property Type House
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 Price: 27,953 GBP
Location
Lee County, Florida, USA
Other Info
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