Investment Property: 3204 E 38th Ave. Tampa, FL 33610

May 26, 2015 By Jorge Vazquez

This is a great investment property with a 12% Cap Rate and $7,422 Annual Cash Flow. It’s a 3 Bed / 1 Bath concrete block house that was built in 1961 that has 1026 sq/ft of heated/cooled living space.

Financial Details

Price:

$52,950

Closing Cost @ 3%:

$1,200

Rehab Cost:

$7,000

Rents For:

$925

Property Taxes:

$830

Insurance (10%):

$500

Property Management (10%):

$1,122

Vacancy and R&M (12%):

$1,346

Annual Cash Flow:

$7,422

Cap Rate factoring vacancy:

12%

To start working with us to invest in high cash flow rental properties, please fill out our Investor Profile or contact us direct.

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Investment Property: 3204 E 38th Ave. Tampa, FL 33610

Financial Details

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