1111 Royal Palm Ave., Orlando, FL 32809

This Triplex just needs some TLC. Each unit has 2 bedrooms/2 bathrooms. Plenty of parking. Roof is from 2007. After the units are fixed up, rent each unit for $1,100 per month. That will give an annual gross income of $39,600. Less taxes $5,100. Insurance $1,600. 5% vacancy rate $1,800 (worst case scenario) annual repairs $1,500. (Remember place will be fixed up). That gives a gross income of $29,600. Great location close to the airport, Beachline (SR528), Orlando area attractions and plenty of shopping.