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 .
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.
In this case, the mark on the map indicates the region in which the object is located.