Description
SOLD. This is a very spacious property built in 1972 which we converted into a 4 bed 2.5 bath rental home. The house was completed transformed with a $25k+ renovation including major updates to the roof, kitchen and bathrooms. This is one of the more affluent areas of Holiday with easy access to Tampa and Clearwater.
Address | 3108 Bluebird Dr |
Holiday, FL 34690 | |
Purchase Price | $116,000 |
Beds | 3 |
Baths | 2 |
Garage | 1 |
Sq Ft | 1512 heated / 1950 total |
Year Built | 1972 |
Flood Zone | X |
Estimated Income & Overheads | |
Target Annual Rent | $13,800 |
Target Monthly Rent (A) | $1,150 |
Management (8%) | $1,049 |
Estimated Taxes | $1,250 |
Home Insurance Estimate | $1,000 |
Maintenance Reserves (5%) | $690 |
Vacancy Reserves (5%) | $690 |
Annual Overheads | $4,679 |
Monthly Overheads (B) | $390 |
Est. Net Monthly Income (A-B) | $760 |
Est. Cash on Cash Return | 7.9% |