Home For Sale In Tampa, Florida

house for sale

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Listed: 02/03/24

8751 North 15th Street, Tampa, FL 33604, USA

9 Bed:

3 Bath:

1,540 Sq Ft Living Area:

Price

$ 345,000

Sold

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About This House

Generating over$6, 700per month in gross rental income ($80, 000+ per year), this investment offers a unique combination of cash flow and turnkey management in a sought-after location. After expenses the CAP rate is 10% and 11.5% cash-on-cash ROI. The home is leased to one tenant, PadSplit, which hosts the property on their platform. PadSplit not only helps members save money and live closer to work but also provides an avenue for investors to achieve 3x+ cash flow. All members are professionally screened by PadSplit, required to pass a background check and undergo income verification. PadSplit handles inbound requests from members and enforces house rules. One rent payment is direct-deposited into the owner's bank account based on the home's previous … Full description

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