Very nice West Tampa, Egypt Lake neighborhood. 2/1 block house, very little repairs needed. Cap Rate as rental: 15.2%Net Operating Income: $7,900Gross Income: $9,600 Gross Income ($9,600) = Market Rent ($800) x 12 monthsNet Operating Income ($7,900) = Gross Income ($9,600) - Insurance ($800) - Property Taxes ($900)Cap Rate (15.2%) = Net Operating Income ($7,900) / Purchase Price ($48,000) + Repairs ($4,000)
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
