Turnkey USF Condo | EquityPro
86
7.6% Estimated APY
$49,900 Investor Price
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91 Ben Yonge
104 Bob Tosi
230 Brandon Jenkins
198 Cesar Sagastume
228 Chris Chuck
199 David Sheehan
105 Jason Bobbitt
211 Jeremy Howells
107 John Barber
203 Jonathan Rokh
196 Josh Black
208 Mike McKernan
218 Rene Droz
179 Rusty Longaberger
223 Ryan Akers
210 Shakira Thompson
227 Shaun Rourke

Turnkey USF Condo

1 bed / 1 bath742 sq ft Built in 1974Condominium
View Map Somerset Park
2860 Somerset Park Dr, unit 202, Tampa, FL 33613
86
Occupancy Status
Low High
18/20
Level of Rehab
Heavy Light
18/20
Location of Neighborhood
Far Close
18/20
Quality of Floor Plan
Choppy Flowing
17/20
School Rating
F A
7/10
Placement in Neighborhood
Busy Calm
8/10
Property Details

Ideal location less than a mile from the University of South Florida campus. USF has more than 30,000 students and with an incredible growth trajectory. This remodeled turn-key condo is ready for a new investor/owner. Start making your ROI from day one. No deferred maintenance, this well-taken care of condo has a long term tenant paying $795 per month and would like to stay. The condo is very clean. Tile throughout with washer/dryer hook-ups. Buy this in a package with 14415 Americana and 8830 Crestview to get a discount. Contact your REI Advisor today.

We recommend rent
Rental Income
$795 mo. / $9,540 yr.
Investor Price
$49,900
Closing Costs to Buy
$2,000
Rehab Projection
$0
Utilities
$0
Property Insurance
$500 / yr.
Estimated Taxes
$425 / yr.
Property Management
$954 / yr.
Maintenance
$200 / yr.
HOA Dues
$3,516 / yr.
$3,945
Projected Income
7.6%
Estimated APY
After Repair Value
$65,900
Investor Price
$49,900
Closing Costs to Buy
$2,000
Rehab Projection
$0
Utilities
$0
Closing Costs to Sell
$1,000
Listing Agent Commission
$3,500
$9,500
Total Projected Profit
16.84%
Estimated ROI

Comps

Listed
Pending
Sold
2839 SOMERSET PARK DR, #103, TAMPA, FL 33613 $65,000
1 bed / 1 bath 742 sq ft Sold 02/01/17
2814 SOMERSET PARK DR, #201, TAMPA, FL 33613 $59,900
1 bed / 1 bath 742 sq ft