704 E Wilma St
Tampa, FL 33612
List Price
$200,000
Initial Investment
$54,500Purchase Price
$200,000
Down Payment
25%
Rent
$1,620
Total Return
$107,848
Annualized Return
25.1%
Cap Rate
6.4%
Gross Yield
9.7%
Cash Flow
$1,125
Appreciation
8.7%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
6,300
HOA
None
Flood Risk
Not Required
This 2 bedroom 1 bath home has excellent potential and much of the renovation has been done. NEW WINDOWS! The kitchen has been beautifully remodeled and is a cook's delight. New flooring throughout makes the space appear clean and large. Roof is 2014. It has Central
AC/heat throughout as well. Garage has been enclosed and is ready for the next buyer to complete it for a bonus room, bedroom
room, or guest suite - even rental suite as it has an exterior door. The "bath" area of this space has been pre-plumbed for shower,
sink and toilet and electric has been run. This room adds a ton of space to the home plus a myriad of potential uses. One of the best
parts of this home is the fenced back yard, expansive lanai and "whimsical" area to enjoy lovely Florida mornings or afternoon
sunsets. The yard is large, cleared and can easily be an entertainer's dream. Home is centrally located in the Forest Hills area close
to all the restaurants, medical, shopping, schools, parks and more! Very easy access for anyone commuting on I-275, working in
Temple Terrace, downtown Tampa, by the Casino and Ybor City and all that is along I-4 as well. Take advantage of the fabulous work
this owner has put into this home and know that is live-in ready as you decide what your personal touches will be!
See more in Analysis
Jeff Wills
Sefair Investments, Inc
FL Agent License #BK3326417
Annual Financial Highlights
Expected Rent
$18,468Expenses
-$3,420Property Taxes
-$3,050Loan Payments
-$10,873Net Cash Flow
$1,125See more in Financials
Property Characteristics
Buyer's Agent
An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
- You can contact your Agent with questions even before making an offer.
- A professional home inspection will be conducted prior to closing. This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor. As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.
Property Management
Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
Similar Listings
Listing Courtesy of:Judy Curry
RE/MAX PREMIER GROUP
RE/MAX PREMIER GROUP
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #T3518349
Last Updated: 04/12/2024 23:04
MLS #T3518349
Last Updated: 04/12/2024 23:04