Contract Assignment · 3BR/2.0BA in Fort Myers, FL | $275,000

About this deal

Assignable purchase contract on a 3-bed, 2.0-bath single-family home located at 2118 Bay St, Fort Myers, FL. Contract price $275,000. Assignment fee is pre-negotiated and already priced in. Comps support solid post-rehab value — an equity play with minimal work required.

The numbers

Cap rate

8.1%

Net operating income

$16,452/yr

Cash flow

+$1,371/mo

Occupancy

3 of 4 units

Figures are provided by the seller and haven’t been verified by ListDeed. Do your own due diligence.