Amazing turnkey rental for sale!
Great investment opportunity for investors or first time home buyers.
This bungalow located at: 3207 E Ellicott St, Tampa, FL 33610.
2 Bed/ 1 Bath. 572 SqFt.
Asking Price: $49,900.
Estimated Repair Costs: $0. (Was recently updated)
Return on Investment: 15%.
Recent repairs:
New Hardie board + tile flooring throughout the entire house.
New water heater.
New blinds.
New toilet.
New base board.
New pillar.
Interior paint throughout the entire house.
Plumbing.
Yard transformation.
Cost Analysis Performed as Rental Property:
Annual rent potential – $9,900 (monthly $825).
Out:
(Annual) Real Taxes (2015) – $425
(Annual) Est. Insurance – $600
(Annual) Est. Utilities/Vacancy/Misc. – $1,200
Total Costs – $2,225
Net: $7,675. Estimated CAP RATE – 15% ROI
Call Yuri for Access:
Cell 813.803.0404
Yuri@BetterPlaceFlorida.com