Neighborhood: Tamarac/snrs/lderhl (3650-3670;3730-3750;3820-3850), Newport At Lauderhill Con
Tax Amount: $8,180
Fantastic Investment! $59,400 Gross Income! $14,904 Association Fees, $8,180 Taxes and $991 Insurance leaves $35,325 Net Operating Income! 6.4 Cap Rate! Market rents are $1500 monthly: Potential 8.3 Cap by bringing rents to market value! One unit fully renovated including new a/c, one unit freshly painted and clean with new a/c, and two units original but clean with new a/c.. All units tiled throughout. Four condos in the same building: Four Folios. Condo association has partial reserves and owns 3 units to fund future costs. Association does strict tenant screening and has Zero Tolerance Policy for illegal drugs. Two leases end 12/31/22 and two end 8/31/23. Owner/Agent.