| Address |
1709 Marvy Ave |
|
Tampa, FL 33612 |
|
|
| Sales Price |
$157,900 |
| Beds |
2 |
| Baths |
2 |
| Garage |
0 |
|
|
| Swimming Pool |
Hot tub in enclosed patio |
| Sq Ft |
1474 heated / 2108 total |
| Year Built |
1960 |
| Flood Zone |
X |
|
|
| Estimated Income & Overheads |
|
| Target Annual Rent |
$16,800 |
| Target Monthly Rent (A) |
$1,400 |
|
|
| Management (8%) |
$1,344 |
| Estimated Taxes |
$1,350 |
| Home Insurance Estimate |
$900 |
| Annual Overheads |
$3,594 |
| Monthly Overheads (B) |
$300 |
|
|
| Est. Net Monthly Income (A-B) |
$1,101 |
| Est. Net Annual Income |
$13,206 |
| Est. Cash on Cash Return |
8.40% |
|
|
| Sample Mortgage Calculations |
|
| 80% Mortgage |
$118,425 |
| 20% Down Payment |
$39,475 |
| Cap + int mortgage 30 yrs @ 5.25% int |
$636 |
|
|
| Est Net Monthly Income after mortgage |
$465 |
|
|
| Building Schematic |
Click here |
| Google Map |
Click here |
| Market Comps |
|
