Construction industry has proven to be an important factor in the recovery of the Florida economy which, due to the pandemic, has been a migratory destination for people from different states in the country. There was an increase of 2.7{42a1b7a097aed7f9a8f5756c530add0b7abb7dd5010c9b70d662270940908a5c} in the total volume of the construction market in 2021 and 11.8{42a1b7a097aed7f9a8f5756c530add0b7abb7dd5010c9b70d662270940908a5c} in residential construction, which implies a large appreciation of the market, which is currently highly heated and on the rise.
ROI (estimated): 18{42a1b7a097aed7f9a8f5756c530add0b7abb7dd5010c9b70d662270940908a5c} a 20{42a1b7a097aed7f9a8f5756c530add0b7abb7dd5010c9b70d662270940908a5c} ao ano.
Exemple of Invesment:
Location: Ocala, FL
Model: Single-Family, with 4 bedrooms 2 bathrooms.
Square foot: 2,045sqft
Land: U$35,000.00
Construction: U$190,000.00
Total: U$225,000.00
Price of selling:U$285,000.00 – U$295,000.00
Selling cost: U$23,200.00 (8{42a1b7a097aed7f9a8f5756c530add0b7abb7dd5010c9b70d662270940908a5c})
Net income after selling: U$271,800.00
ROI estimated: 20{42a1b7a097aed7f9a8f5756c530add0b7abb7dd5010c9b70d662270940908a5c}
Estimated construction time: 8 meses
Estimated selling time: 3 meses.
Golden Key offers the necessary advice for you, who intend to invest in this area.
Contact us. Our team is ready to assist you.
