Cascades at Kissimmee Condo – Cascades Blvd, Kissimmee, FL 34741 Pending

  • $69,900
  • 1 beds
  • 1 baths
  • 618 sqft

Here is a fantastic opportunity to own a condo in Kissimmee. This was a fire damaged unit and currently the HOA is re-doing everything up to the drywall. New electrical, new plumbing, A/C and duct work, and drywall will be completed prior to closing. Once this work is completed, the unit will need paint, flooring, kitchen, bathroom, and the fixtures that you choose to make this a like-new condo. And with everything new, this could be one of the most valuable units in the complex. 1 bed, 1 bath units are currently renting for around $1100 per month so this could also make a great low maintenance rental.


  • Rental Income:  $1,100 mo. / $13,200 yr.
  • Closing Costs to Buy:  $3,000
  • Rehab Projection:  $15,000
  • Utilities:  $200
  • Property Insurance:  $500 / yr.
  • Estimated Taxes:  $962 / yr.
  • Property Management:  $1,312 / yr.
  • Maintenance:  $200 / yr.
  • HOA Dues:  $1,800 / yr.
  • Projected Income:  $8,426
  • Estimated APY:  10.14%

Comps:

2131 CASCADES BLVD, #105, KISSIMMEE, FL 34741

  • $85,000
  • 1 bed / 1 bath
  • 635 sq ft
  • Sold 10/09/19

2201 CASCADES BLVD, #306, KISSIMMEE, FL 34741

  • $85,000
  • 1 bed / 1 bath
  • 618 sq ft
  • Sold 10/11/19

2201 CASCADES BLVD, #203, KISSIMMEE, FL 34741

  • $98,000
  • 1 bed / 1 bath
  • 618 sq ft
  • Only 1/1 Active in Community Currently
Price:
$69,900
Address:
Cascades Blvd
Kissimmee, Florida 34741
Square Feet:
618
Bedrooms:
1
Bathrooms:
1
Terms:
For Sale
Property Type:
Condo
Year Built:
1987

Call 321-766-9338 for more details

Property Location