Nice Cash Flow Rental property in Tampa Bay area, FL

10626 Navigation Dr, Riverview, FL 33579

$170,000 After Repair Value -
$141,000 Asking Price -
$0 Cost of Repairs =
$29,000 Potential Profit

Property Details

Asking Price $141,000

After Repair Value $170,000

Costs of Repairs $0

Potential Profit $29,000

Living Area 1296 ft2

Property Type Single Family House

Bedrooms 3

Bathrooms 2

Half Bathrooms 1

Parking 2

Listed with Agent No

EPI (Estimated Potential Income)

Potential Rental Income $1,450

Yearly Expenses N/A

Property Taxes N/A

Net Operating Income N/A

Cap Rate N/A

Property Description

Nice rental property in desirable neighborhood. Tenants currently in place as well as a property management team.
Currently rented at $1200/month - no repairs needed

ARV would be closer to $190,000 if wanted to rehab and flip

instead of keeping as a rental

Market rent in the area for this size home is $1400
COMPS

10309 Greystone Ridge CT
Riverview, FL 33578
3/2 1454 sq ft
Sold for $202,000 on 2/9/2018

10311 Granada Green Ct
Riverview, FL 33578
3/2 1340 sq ft
Sold for $179,900 on 1/25/2018

12624 Montford Ln
Riverview, FL 33579
3/2 1276 sq ft
Sold for $165,000 on 11/7/2017

- All Deals Are Cash Or Hard Money Only

- Inspections Must Be Done Prior To A Contract

-Buyer pays all closing cost

-Property to be sold as-is

**This is an assignment transaction. We have this property under contract, giving us an equitable interest in the property, and we are assigning that interest to a 3rd party.

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