$290,000 · TAMPA, FL 33612
Works for flippers

Sold

$290,000Asking price

3 bd · 2 ba · 1,649 sq ft · built 1959

TAMPA, FL 33612

No contract on file

via InvestorLift Classic

Listed Oct 23

Works for flippers

The Numbers

Sells for (ARV)From the listing: $435,000
Asking price: −$290,000
RepairsMiddle of our estimate, $0 – $14,500: −$7,250
Loan, holding, closing20% down, 12% interest, 2 points, 63 days: −$31,195
Profit24.5% of ARV · flippers want 10%+: $106,555
Works

Works for a flipper up to $349,000.

NEXKEY COLLECTIVE

NexKey Collective Deals - Kristie DeLouise

No reviews yet

Comps

ARV $435,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $391,000.

The sales behind this value are shown to members.

ARV $435,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

NEXKEY COLLECTIVE

NexKey Collective Deals - Kristie DeLouise

No reviews yet

Seller Description

Property Details:

Address: 1318 W Meadowbrook Ave, Tampa, FL 33612

Bed/Bath: 3 Bed / 2 Bath

Square Footage: 1,649 sqft

Year Built: 1959

HOA Restrictions: No HOA

Multi-Unit: No

Features + Amenities:

Furnished: No

Pool: No

Tenant Occupied: N/A

Monthly Rent: N/A

Est. Repairs:N/A

Financing Details:

Purchase Price: $290,000

Est. ARV: $435,000

PP Percent of ARV: 66.67%

Monthly Payments:

Exit Scenarios:

Est. Average LTR: $2,686

Est. Average STR: $5,050

Additional Details:

Roof: Needs Replacement
HVAC: Approximately 1 Year Old
Water Heater: Approximately 11–15 Years Old
Estimated Rehab: $55,000–$75,000
Spacious 13,000 sqft lot
Gross Spread Before Repairs: $155,000–$175,000
Potential Spread After Repairs: $80,000–$120,000
Post-Possession Holdback: $10,000
CONTACT:
For additional property details, walkthrough instructions, or to submit an offer, please contact:
Mike Graham
NexKey Collective
Phone: (917) 746-5159
BUYERS, PLEASE CONDUCT YOUR DUE DILLIGENCE