8615 Chemstrand Rd, Pensacola, FL
16.72% return
LP:
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Property Description

Tons of Potential! Needs updating. Spacious Home with a HUGE Fully Fenced Yard. Formal Living Room, large bonus room w/fireplace, country kitchen/dining area, utility porch and 3 spacious bedrooms including a master suite w/en suite. Blocks from 9 Mile Rd. & Pensacola Blvd. This location offers tons of everyday amenities minutes from the home.

Property Information

  • Listing statusPending
  • Property typeSingle Family
  • Total bedrooms3
  • Total bathrooms2
  • Building size1485 sq. ft.
  • Lot size0.3 acres
  • Year built1966
  • CountyEscambia County
  • Subdivision
  • ConstructionBrick
  • RoofSHINGLE
  • Water source(unknown)
  • Water disposalSewer
  • HeatingCentral
  • CoolingCentral air

Property Financial Summary

  • Asking price $67,000
  • Estimated rehab 1 $0
  • Total investment $67,000
  • Type Actual
  • Gross income (annually) $14,400
  • Operating expenses (annually) $3,195
  • Net income (annually) $11,205
  • Gross return 21.49%
  • Gross income (monthly) $1,200
  • Operating expenses (monthly) $266
  • Net income (monthly) $934
  • Net return 16.72%

Property Income & Expenses

  • Income
  • Entire property $1,200/month
  • Total $1,200/month
  • Expenses
  • Lawn care $40/month
  • Pest Control $15/month
  • Maintenance reserve $125/month
  • Insurance $86/month
  • Total $266/month

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