Ft Myers Shores Turnkey Rental 13.8% ROI

This is a remodeled turnkey rental 0.5 mile from a boat ramp. Great location and close to everything!. Tenant occupied (lease is through 11/30/2016, rent is $950/month) Purchase: $65,500 Rent (annual): $11,400 Taxes: $965 Insurance: $870 Maintenance/Misc: $600 Net Income: $8,965 Cap Rate: 13.8%

$65,500