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Sold about 5 years ago

$79,900

3 bd 1 ba 884 sqft

5013 S 85th St., Tampa, FL 33619

Residential SFR Needs Repairs

Current Rent **

$1,150

Projected Rent **

N/A

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Estimated Rent †

Pro Only

Estimated Rent Confidence ‡

Very High

Cheap BLOCK FLIP with Equity - TAMPA

MESSAGE ME FOR COMPS AND MORE PHOTOS / VIEWINGS ---------- The subject property is located in Tampa. We feel that it would make an excellent Rental because it is the cheapest 3 Bedroom SFH in the entire zip code, and 5th cheapest Lp Sqft. ---------- This deal has the potential to earn an investor a 14% Gross ROI. It can be purchased for 79,900, needs an estimated total of 15k in repairs as a Rental, so you would be all into the project for roughly 98k. ---------- The Flip comps of renovated homes in the area, lead us to believe this property has a 140k ARV. ---------- Sturdy Shingle Roof | Window AC Units | Kitchen needs cosmetic repairs | Laminate and Carpet flooring throughout

Location:

5013 S 85th St., Tampa, FL 33619

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.