7020 Ingleside Dr, Tampa Florida

$89,000
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Description

Price: $89,000

Area: Bustling suburb of Tampa FL with high rental demand

Location: Tampa FL 34668

Features

– Beautifully remoded 3 bed 2 bath single family home for $89,000
– Move-in-ready with estimated 8.7% net returns
– Landscaped gardens and attached 2 car garage
– New kitchen with granite counters, island, appliances and cabinets
– Upgraded bathrooms, flooring, third bedroom
– Impeccable landscaping with new fence

Beautifully remodeled three bed, two bath single family home with a fenced yard and a two car garage. Luxurious and completely MOVE IN READY with a great location just two blocks from the busy Embassy Blvd and less than 5 minutes from the Gulf View Square Mall (more than 100 stores). Several schools are within 1.5 miles.

Updates include new kitchen cabinets with GRANITE countertops and newly constructed island, brand new appliances, new tiled floors, updated and spotless master bathroom, new exterior fence and impeccable landscaping.

Ingleside Drive is available to purchase today for just $89,000 (approx. €79,000 or £61,500). With an expected market rent of $975 per month, we estimate this will deliver a gross rental return of 13% and a net rental return of 8.7%. This net rental return is calculated AFTER deductions for property tax, property management, home insurance and a 10% vacancy & maintenance reserve.

With saving deposit rates and government bonds well under 2% and a stock market more volatile than any time in the past 10 years, a return of 8%+ annually would represent terrific value for money (and that doesn´t take into account the capital appreciation that could be achieved over the medium to long term).  

Here is a more detailed breakdown:


List of Renovations Completed (more than $12,000 worth)

Kitchen
New cabinets (upper and lower)
New island with granite counter top
New granite counter tops and back splash
New sink and faucet

Master Bathroom
Re-tiled entire bathroom and shower
Replaced vanity
Replaced toilet
New mirror and lights

Family Bathroom 
New vanity and new toilet

Landscaping
New fence
Cut trees, added mulch, removed debris

General
Creation of third bedroom (walls, door, closet)

Floor Plans

Ground Floor

2046 Sq Ft
3 Bedrooms
2 Bathrooms

This is a spacious 3 bed, 2 bath home with an attached two car garage. Total square footage is 2,046, of which 1,243 is heated.

Location

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