02/16/2022
TODAY'S FLIP OPPORTUNITY
Chocolate or Vanilla? Some investors like to flip while others prefer vanilla. This house is a scoop of each!
9620 N 11th St, Tampa, FL 33612
ARV $235,000
Price $150,500
Rehab $45,000
Rents $1,100 per month
If you want the deal Call now (727-776-8131)
ANOTHER GREAT GET IN, GET OUT, GET PAID FLIP
The ground team is already in place. The contractor, stager, title company, listing agent, property manager, plus your financing! Our turnkey process, technology, and amazing team no longer limit you to deals in your own backyard. We have hundreds of investors who live where they want while investing where there is opportunity.
This house is... either a fix and flip, a buy and hold, or a BRRR. The choices are great. It's a 3/1 close to the university and it comes with a tenant already in place. The tenant's lease is good through 8/2022. If you want to flip the property you can collect $1,100 per month until you are ready to flip. With prices in Tampa skyrocketing who knows what the value you will be 8-9 months from now. Or, you can just leave everything as is, raise rents in September, and simply collect your rents. Lastly, you can implement the BRRR method. With limited inventory in the $150k range, this can be a good property to keep as a rental then flip or 1031 later.
RENTAL CASH FLOW PROJECTION Monthly
Annual
Gross Income $1,100.00 $13,200.00
Taxes, Insurance, Management $330.00 $4,290.00
Net Income $770.00 $9,240.00
Debt Service $628.06 $7,536.76
Cash Flow Before Tax $141.94 $1,703.28
Rental upside after 8/2022 TBD TBD
If you are struggling to flip property if you didn't earn $15k-$25k last month... Learn more….
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WE LEND IN ALL 50 STATES
Fix & Flip - Buy & Hold - New Construction - Refinance - Cash-Out Refi - 30-Year Fixed Rates - Rentals - Multifamily - BRRR
Need funding for your deal? Call us 727-776-8131
Contact us!
Malcolm Turner
SunStyle Realty and Investment
[email protected]
727-776-8131