359 E Jean Street
Tampa, Fl 33610
3 Beds, 1 Bath, 1176 sq. ft. Built in 1958
Short sale. All new Kitchen, roof, hot water, A/C & heat, duct work, doors inside & out, carpet, fans & lights, all done in 2007. Great for investment, tenant pays $1230.00. Section 8.
Your Purchase Price
$56,099.22
It’s recommended that for this property you offer no more than $48,599.22 to ensure a wholesale fee of $7,500.00. This is based on the data you provided including the following assumptions: (1) Your landlord paying $56,099.22 for the property; (2) a $5,500.00 initial repair estimate; (3) a renter paying rent of $1,230.00 per month; (4) an expected cash on cash return for the landlord of …
Cash Flow Analysis
Based on your projections, this property will return $422.77/mo, which will result in a Net Operating Income of $8,851/yr.
Monthly Expenses
$492.40
Prop Mgmt (10%): $123.00
Taxes: $58.00
Insurance: $90
Vacancy (%8): $98.00
Repairs (5%): $61.50
CapEx (5%): $61.50
Other: $0.00
Monthly Income
Monthly Expenses
Monthly Purchase P&I Payments
Monthly Repair P&I Payments
Monthly Cash Flow
Annual NOI
Annual ROI
CAP Rate