Property in USA

Town House in Florida, USA

Profitable apartment in the Caribbean Islands complex in Miami, Florida

Low risk - Highly profitable investment - Low entry threshold (suitable for beginning investors in foreign real estate)

- Cost from $ 175,000 (area 98 sq. M, 2 bedrooms, 2 bathrooms);
- The average annual rental return for the first 5 years is 7.46 (or $ 65.275);
- Projected capital gains over 5 years $ 56.939;
- The total projected income for 5 years is $ 122,214 (70 profitability);
- The total projected annual yield in the first 5 years is 14;
- Full property management; 97 - 99 rental filling since 2012 (all apartments are currently rented out);
- The private security complex includes 27 buildings with 220 apartments with high quality finishes, a swimming pool, a fitness center, meeting rooms, and playgrounds. Built in 2008.

Prerequisites for investing in apartments in the Caribbean Islands complex in Miami, Florida:
- The complex is located 30 minutes from downtown Miami; 10 minutes from the beach; surrounded by lakes, rivers and picturesque gardens;
- The cost of real estate in the area where the complex is located has grown by 18 over the past 12 months;
- Schools, hospital, shopping and entertainment within walking distance. The hospital is one of the largest in South Florida;
- The site is part of a plan to create new high-speed rail “corridors” from Miami City to the suburbs (“SMART” Plan).

Taxes and transaction costs:
- Services of a law firm (Title company) - $ 2,000;
- The tax on the acquisition of real estate is included in the services of the Title company;
- The annual property tax is paid by the management company;
- The income tax on the 5-year planning horizon is about 1 .
Specifications
Property type:town house
Property condition:period / existing
Features:garden (private), pool, parking, terrace / balcony

ID: 170682 10.05.2018

  • 98 sq. m
  • 2 bedrooms
207 000 €


The seller could not indicate the exact geographical coordinates.
In this case, the mark on the map indicates the region in which the object is located.