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Updated about 4 years ago,
TAMPA CASHFLOW MARKETS? ANY OTHER INVESTORS?
I have been analyzing various homes in the purchase price ranges of $160,000-250,000 in the Tampa market, St Petersburg, clearwater, Riverview, Lakeland, and Ruskin area. Ive been searching for a cash on cash of 8% or above & cashflow of $200 & above.
After finding the average rent and expenses on a certain criteria for example (3bed/2bath SFH), (based off 20% down 80% financing)
I've been noticing that i could determine whether these homes would meet my cash on cash & cashflow targets by just basing if off the purchase price (after inputting the average rent & expenses). Ive concluded that only specific purchase prices work for homes in their specific neighborhoods.
Ive found more homes that meet these ROI targets in Jacksonville FL.
Could i get another investor's feedback on thoughts?
I'm overseas searching for an investment property in Florida looking to put 20% down.
Searching for an Florida investors / realtors to network and connect with