Investment Opportunity Almost 17% gross CAP rate is unheard in Orlando area, Major renovation has been done: rebuilt foundation in Kitchen, re-planked all floor, repaired all plumbing, entirely repainted, brand new kitchen cabinets. Additional cosmetic upgrade can be negotiated. Listing price AS IS CASH only, Seller is willing to make the repair needed to make the property approved for financing. However the price will increase to the cost of the repair, SELLER WILL PAY FOR CLOSING COST. This unit can be rented for a monthly $1,200. Cash cow for investor. This wont last, EASY TO SHOW.