🏚️ Flip and Profit over 70k or Cashflow 500+/mo!!!🏡
Attention Real Estate Investors
This 3-bedroom, 2-bath property offers an excellent fix-and-flip opportunity or rental investment. The home features a functional layout with spacious rooms, making it ideal for families or tenants. While the property requires some renovation, it has great potential with a solid foundation and structure. Located in a desirable neighborhood with growing demand, this home could generate significant returns post-repair or serve as a long-term rental with high occupancy rates. Perfect for investors looking to capitalize on market appreciation or cash flow from rental income.
Perfect for generating rental income or as a high yield flip!! Don’t miss out—schedule your showing today! **contact below**
ASKING PRICE: $205K
ARV: $320K
Perfect For:
🛠 Fix/Flip Opportunity
(Purchase Price) $205K + (Rehab) $45k = $250K (Total Investment)
(ARV) $320k - (Total Investment) $250k = (Gross Profit) $70k
ARV Comps:
1410 E 31st Ave, Tampa, FL 33603- SOLD $299,000
1409 E 31st Ave, Tampa, FL 33603- SOLD $335,000
1403 E Dr Martin Luther King Jr Blvd, Tampa, FL 33603- PENDING $325,000
🚪 Buy and Hold
(Purchase Price) $205K + (Turnkey) $30k = (Total Investment) $235k
(Current Rent Rate) $2,300/mo - 1,800 (PTI) = $500+/mo est. CASH FLOW!
Rental Comps:
1509 E Ida St, Tampa, FL 33610- LEASED $2,300/MO
1612 E 31st Ave, Tampa, FL 33610- LEASED $2,295/MO
Property Overview:
🛏 3 Bedrooms
🛁 2 Bathroom
📏 1224 SqFt
📅 Built in 1925
Additional Insight:
🚀 Area: Hot Area for Flips or profitbale Rentals
🕒 History: Long-term Owners
🚧 Attention Required: Moderate/Full Rehab
🔄 Vacancy: Vacant
**Buyer due own diligence on all properties**
CALL TO SCHEDULE SHOWINGS
214-286-6940
TENTATIVE CLOSE DATE: 10/25/2024
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