Fixer upper at the hot market of Jackson Heights.
This OFF MARKET Single family house located at: 3611 E Lambright St, Tampa, FL 33610.
Single family house — 3/1. 990 SqFt with a 400 SqFt detached block building (If finished can be rented for $500)

Pictures: https://www.dropbox.com/sh/qdbrpj74yp8u953/AACi3R2rdsjZF92AxEfY7yCga?dl=0
Video tour: https://www.youtube.com/watch?v=WZYWPhgepbw

Asking Price for purchasing the contract: $45,000
ARV: $70,000 – $80,000

Cost Analysis Performed as Rental Property:
Annual rent potential – $13,200 ($1,100 a month)
Out:
(Annual) Real Taxes (2015) – $458
(Annual) Est. Insurance – $450
(Annual) Est. Utilities/Vacancy/Misc/Property Management 8% – $2687.52
Total Costs – $3,599.52
Net: $9600.48. Estimated CAP RATE – 15% ROI

Comparables:
3614 E Shadowlawn Ave Tampa FL 33610 – Sold $79,00
3719 E Idellwild Ave Tampa FL 33610 – Sold 73,000
4213 E Hanna Ave, Tampa FL 33610 – Sold 57,000
3624 E Fern St, Tampa FL 33610 – Pending 69,900

**Open house will be held on Wednesday the 5th of October at 12:30pm.

Call Yuri for Access:
Cell 813.803.0404
Yuri@BetterPlaceFlorida,com
www.BetterPlaceFlorida.com