8709 N Mandarine Pl, TAMPA, FL 33601 Assigned

  • $164,000
  • 4 beds
  • 2 baths
  • 850 sqft
Assigned

8709 N Mandarine Pl, TAMPA, FL 33601

ASKING 164K
2 Units
Both 2bd 1 ba 850 sqft
Both have driveways large enough for 2-3 vehicles
Rent is $950 monthly (1 annual lease just signed last week)
Roof is ~8 years old
A/C units just installed 6 months ago
Re-pipe was done in 2019
New tile floor throughout

Rental Financial Summary
Gross Operating Income $ 22,800.00
Annual Gross Expenses $ 6,293.00
Net Operating Income $ 16,507.00
Debt Service (7,858.00)
Net Annual Cash Flow $ 8,649.00
Net Monthly Cash Flow $ 720.75
Cash on Cash Return 16.90%
Capitalization Rate 9%
Gross Rent Multiplier 7.68
Value Based on Market Cap (8%) $ 192,087.00

Available on 07.21.2020

Don’t let this excellent opportunity pass you by! Get it yours now!

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Price:
$164,000
Address:
8709 N Mandarine Pl,
TAMPA, Florida 33601
Square Feet:
850
Lot Size:
5,500 Sqf
Bedrooms:
4
Bathrooms:
2
Terms:
Assignment of Contract
Property Type:
Multi-family
Year Built:
1972

Additional Features

8709 N Mandarine Pl, TAMPA, FL 33601 .12% ROI!!! $1,850 rent per month DO NOT MISS THIS ONE! Best duplex on the street Upgrade your rental portfolio with immediate cash flow Block Construction Heated 1,700 Sqf on 5,500 Sqf lot Both units are 2/1 Well maintained duplex, major renovations were done only two years ago Includes: new roof, tiles all over ,new paint, new outside AC units and full renovation of baths and toilets New electric panel in both units

Call (954) 280-5883 for more details

Property Location