4 Block SFHs in Plant City

4 Block SFHs in Plant City

10 bed 4 bath 2669 sq ft Built in 1955 Multi-family
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59
Occupancy Status
Low High
7 /20
Level of Rehab
Heavy Light
12/20
Location of Neighborhood
Far Close
14/20
Quality of Floor Plan
Choppy Flowing
14/20
School Rating
F A
5/10
Placement in Neighborhood
Busy Calm
7/10
Property Details

Presenting four single-family homes, situated on two adjoining parcels. Each unit is separately metered, with new roofs, and surrounded by a new fence. Two of the homes are 3/1 with 947 square feet each. The other two homes are 2/1, 576 square feet each. The homes did have some water damage during the last hurricane. They have all been remediated and are ready for an investor to get them ready for renting. These will be strong rentals and were fully occupied before the storms. The homes will need new flooring, drywall, some electrical outlets changed, and kitchen cabinets and appliances. We have stayed conservative on our rental income estimates. There are similar-sized units in the area asking for higher rents.

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We recommend rent
Rental Income
$5,600 mo. / $67,200 yr.
Estimated Taxes
$2,743 / yr.
Maintenance
$1,200 / yr.
HOA Dues
$0 / yr.
$54,057
Projected Income
10.06%
Estimated APY
$42,900
Projected Income
7.70%
Estimated ROI

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