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Updated over 7 years ago on .

User Stats

298
Posts
53
Votes
Zach Welner
  • Real Estate Agent
  • Clearwater, FL
53
Votes |
298
Posts

Off-Market Cash Cow Rental or Flip

Zach Welner
  • Real Estate Agent
  • Clearwater, FL
Posted

OFF MARKET CASH COW. Fantastic opportunity for a cash flowing rental! The front house is a 1,036 sqf 3/1 which is currently vacant. There is a separate 396 sqft efficiency in the back which is currently rented until August 2018 for $580/month. Some touch up repairs and cosmetics needed on the front house and this property is ready to rent! Don't miss this opportunity to add to your rental portfolio. If looking to flip, $30k in rehab should allow for an ARV of $135k.

Rents: $1480 - includes current efficiency rented at $580 + estimated $900 rent for vacant main house.

Purchase Price: $78,000

Rehab Estimate: $30,000 if a Flip. or $5,000 if a rental

ARV: $135,000

*Cash or Hard Money ONLY*

Zach Welner
RE License # SL3365303
NetWorth Realty LLC
973-951-9163
5601 Mariner St Suite 104 Tampa, FL 33609

RE Corp # CQ1048456

Offering