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2010 Tampa TH In High Demand Location

REQRentals

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Mar 10, 2014
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Looking for a newer (low maintenance) US investment with high rental demand ?



Check out this 2010 built 3 bed TH in this DH Horton community in South Tampa.

T2616484_101_12.jpg



  • 1480 Sq. Ft. 3 bed /2.5 bath model.

  • 2010 Construction. Owner occupied
  • Asking $ 219,000. Comparable new $ 234,000 (sold out, more under construction)

  • Lowest priced 3 bedroom in complex.

  • Close to downtown and beach.
    Great facilities. low fees ($ 250 per month)
    High rental demand. Comps $ 1700 + per month.
    Well maintained, Ready to rent.
    Bank financing avail to 50% LTV (investors) 75% (2nd home) OAC, conditions apply etc...
    Target cash flow to carry on 100% financing (Combination US mortgage and Canadian HELOC)
The seller has lived in the home with his family since new and has maintained it in excellent condition. He is selling so he can move into his new home which is under construction nearby in this rapidly developing area.



The area borders on a major US military command center and has a high rental demand from personnel and contractors stationed at the base. At $1700 this would be the lowest priced comparable rental currently available in the complex.



If you have any questions about the unit or area I would be happy for the opportunity to answer them.
 
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