Easy Tampa Rental with Equity

Easy Tampa Rental with Equity

2 bed 1 bath 744 sq ft Built in 1947 Single Family
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71
Occupancy Status
Low High
20 /20
Level of Rehab
Heavy Light
15/20
Location of Neighborhood
Far Close
14/20
Quality of Floor Plan
Choppy Flowing
12/20
School Rating
F A
4/10
Placement in Neighborhood
Busy Calm
6/10
Property Details

Presenting a great chance to purchase a single-family home in Tampa. This 2-bedroom, 1-bathroom property comes with a tenant already in place on a lease at $1,650 per month. You can either keep the tenant and continue cash flowing, or make a few quick updates to maximize rental income.

The home already features a brand-new septic system and several interior updates. With some fresh paint and minor improvements, this property has the potential to achieve market rent.

Ideally located near Downtown Tampa, shopping, dining, and major conveniences, this property offers both stability and upside. Homes at this price point are rare and move quickly — contact your EquityPro Advisor today to learn more.

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We recommend rent
Rent Flip
Rental Income
$1,650 mo. / $19,800 yr.
Investor Price
$167,500
Closing Costs to Buy
$3,000
Rehab Projection
$5,000
Utilities
$500
Property Insurance
$1,200 / yr.
Estimated Taxes
$1,891 / yr.
Property Management
$1,536 / yr.
Maintenance
$500 / yr.
HOA Dues
$0 / yr.
$14,673
Projected Income
8.34%
Estimated APY
After Repair Value
$235,000
Investor Price
$167,500
Closing Costs to Buy
$3,000
Rehab Projection
$25,500
Utilities
$500
Closing Costs to Sell
$10,575
$27,925
Projected Income
13.49%
Estimated ROI

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