TURN KEY BUY & HOLD WITH A 13% ROI

  • House
    1064 acre
    bedroom 3 Bedrooms
    bathroom 1 Baths
  • Rental
    $119,900 0
    Status : Sold
    Year Built : 1960
 Description
Property Overview: Here is your chance to own the cheapest ppsf 3 bedroom home in the zip code.  The Property is located in Tampa, FL. Close to the University of South Florida and Bush Gardens Theme Parks. This Single family home was recently updated and has private tenants in place paying 1600 dollars a month. We feel like it's a great addition to a rental portfolio because with little rehab needed and with current tenants in place, this is truly a Turn Key Investment. Take a look at the Rental Analysis to see the breakdown on your Investment.
  • Sturdy older Roof
  • Well Maintained Kitchens
  • Well Maintained  Bath
  • Carpet and Tile Floors
  • Working A/C
Rent Rehab: Light

Current Rent: 1600/mo (month to month)
Water and electric are included in rent.
Owner nets an average of 1300 a month after utilities are payed
****Tenant Pays Cash****Tenant wants to stay
Gross ROI: 13% ROI

Average Rent : 1100/mo
 Rehab Work Needed
 General Amenities
 Distance

 Summary

Overview
TURN KEY BUY & HOLD WITH A 13% ROI Sold
$119,900
Property ID: FL190179271
Address: Login to View
City: Tampa
State/Province: FL
Zip Code: 33604
Country: USA


Rental Analysis

+ Purchase Price: $119,900
+ Purchase Closing Cost: $3,597
+ Rehab Cost: $5,000
Total Acquisition Cost: $128,497


Monthly Rent: $1,600
+ Annual Potential Rent: $19,200
- Vacancy (3%): $576
Annual Gross Income: $18,624
Annual Gross ROI: 14.49%


 Message

10 + 1 = ?