STRICTLY NO LOW-BALL OFFERS. INCOME PRODUCING PROPERTY. TENANT TO CONTINUE STAYING AT THE PROPERTY. DO NOT DISTURB THE TENANT. RENT IS $1100 a month or $13,100 a year. SOLD AS-IS.
HERE IS SOME INFORMATION FROM THE PAST SEVERAL YEARS
YEAR 2016
Purchase price: $18,000
Rental Income: $12,000
Year end property value: $40,000
Total profit in 2016: $22,000 (in appreciation) + $12,000 (rent) = $44,000
YEAR 2017
Rental Income: $12,000
Year end property value: $60,000
Total profit in 2019: $20,000 (in appreciation) + $12,000 (rent) = $32,000
YEAR 2018
Rental Income: $12,000
Year end property value: $75,000
Total profit in 2019: $15,000 (in appreciation) + $12,000 (rent) = $27,000
YEAR 2019
Rental Income: $13,200
Year end property value: $95,000
Total profit in 2019: $20,000 (in appreciation) + $13,200 (rent) = $33,200
Total rental income from 2016 to 2019: $49,200
Total property appreciation from 2016 to 2019: $77,000
Typical mortgage will cost you $400 a month or $4,800 a year. However, property appreciation and rents are approximately 25K to 35K a year. You are making several time over of what your mortgage payment is. This is EXACTLY how the big boys make money.
This charmer has......
- 3 Bedrooms, 1 Bathrooms
- BRAND NEW LAMINATE, NEW PAINT
- Large Shed
- Spacious Living Room with open floor plan
- Nice Kitchen
- Dining Room
- City Water/Sewer
- Freshly painted - neutral colors. Perfect for entertainment.
- Appliances: Refrigerator, Water Heater, Electric Range, A/C.
- Close to downtown Zephyrhills
- Open airy and bright with lots of natural light.
- Absolutely beautiful and meticulously maintained
- Conveniently located and minutes from schools, churches, shopping, restaurants, grocery stores, etc
- This home is centrally located near 310 (easy access to I-275, I-75, and I-4)
- 5 mins from Zephyr Park (large play area for kids, several shelters, morning walk, exercise, lawn tennis practice nets, large lake, see pictures)
I already have a plumber, electrician, AC technician. All of them work for $40 an hour. Handyman is available at $15 an hour. I will be happy to pass on their phone numbers to you after the property sale has occurred. I will be available for consultation for 3 MONTHS after the sale to ensure a smooth transition. I will also walk you through all the online websites so you become a champ at listing your property online for rent. I have been with Information Technology for 20 years.
Numbers are provided based on property reports reviewed by the seller. Buyer is encouraged to do their own due diligence. Sold as-is. Please feel free to review all my 28 income producing properties on Craigslist and Zillow. Not interested in low-ball offers. Feel free to reach me at 813 966 3650 from 8am to 11pm all 7 days. I will be happy to answer any questions you may have. Good luck and go make some money!
MORE INFORMATION & CONTACT
More information about "5652 8th St, FL 33542" at Zillow.