70 NW 77th Street 9, Miami, FL 33150

Miami, FL, 33150 · PRESTIGE APTS INC CO-OP

$120,000

1 bd · 1 ba · 551 sqft

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About this home

INVESTMENT WITH 10.7% NET RETURN - $120,000 - ALL CASH ONLY, Income-producing investment offering an approximate 10.7% net annual return in Miami. Gross Annual Income: $18,432 After deducting HOA fees ($295/month) and property taxes ($2,040/year), the estimated net annual income is $12.852, representing approximately a 10.7% annual net return. 1BR/1BA co-op in Little River, Miami—an emerging neighborhood near Wynwood & the Design District. Quiet gated community with strong rental demand and easy access to I-95 and upcoming transit options For only $120,000, this 1/1 unit generates $1,536 per month through the Section 8 program with automatic renewal.

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