Country Rental in Brooksville | EquityPro
70
14.52% Estimated APY
$49,900 Investor Price
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Country Rental in Brooksville

7 bed / 3 bath1,932 sq ft Built in 1970Multi-family
View Map Withlacoochee
20704 CABOOSE DR, DADE CITY, FL 33523
70
Occupancy Status
Low High
20/20
Level of Rehab
Heavy Light
10/20
Location of Neighborhood
Far Close
13/20
Quality of Floor Plan
Choppy Flowing
13/20
School Rating
F A
7/10
Placement in Neighborhood
Busy Calm
7/10
Property Details

This property has two houses which are currently tenant occupied at $900 per month. The property consists of a 2/1 concrete block home and a 3/1 modular home. There is also an opportunity to add value by placing a mobile home or another house. Long term tenants are currently on month to month lease and have a desire to stay. At one time there was a third house on the property, it has been removed but the slab remains in place. Zoning allows for three houses. Current returns without the addition of the third house is over 14%. The numbers on the site reflect the addition of a 3rd home or trailer. The property is located close to the famous Withlacoochee State Trail, in historic Trilby FL. Great returns so call your EquityPro advisor today.

We recommend rent
Rental Income
$1,350 mo. / $16,200 yr.
Investor Price
$49,900
Closing Costs to Buy
$2,500
Rehab Projection
$33,350
Utilities
$250
Property Insurance
$1,000 / yr.
Estimated Taxes
$867 / yr.
Property Management
$1,600 / yr.
Maintenance
$250 / yr.
HOA Dues
$0 / yr.
$12,483
Projected Income
14.52%
Estimated APY
After Repair Value
$90,000
Investor Price
$49,900
Closing Costs to Buy
$2,500
Rehab Projection
$44,350
Utilities
$250
Closing Costs to Sell
$2,500
Listing Agent Commission
$3,250
$-12,750
Total Projected Profit
-12.41%
Estimated ROI

Comps

Listed
Pending
Sold
20442 TRILBY CUTOFF RD, DADE CITY, FL 33523 $42,000
3 bed / 1 bath 928 sq ft Sold 03/17/17
37708 TRILBY RD, DADE CITY, FL 33523 $75,100
2 bed / 1 bath 1,008 sq ft Sold 12/27/16
Flip Rehab Details
Grounds
Driveway/Patio
$350.00
Load of gravel
Exterior
Other
$25,000.00
Adding New or Used trailer
Systems
Other
$8,000.00
Connecting and hooking up all systems for the trailer
Interior
Tile flooring
$8,000.00
To existing structures
Drywall preparation
$1,000.00
Interior paint
$2,000.00
Rent Rehab Details
Grounds
Driveway/Patio
$350.00
Load of gravel
Exterior
Other
$25,000.00
Adding New or Used Trailer
Systems
Other
$8,000.00
Hooking up all of the systems and getting trailer ready.