Castle Hill Dr., Tampa, FL 33624

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This Townhouse is located in the very desirable Carrollwood area. This is a prime rental location with a tenant already in place on a yearly lease at $1,050 per month through May of 2018. There is some room to add value by increasing the rent to $1,300 or higher(reflected in the pro forma you see here). This property will be a great rental or flip giving it multiple exit strategies and adding to its appeal as a great investment opportunity. It is very clean and needs minimal work, allowing any investor, no matter the level of experience, to step in and start collecting rent or or put back on the market at retail price.

Hampton Park Townhomes, Annual HOA: $2,832

Est. Rehab: $1,750

Est. Monthly Rent: $1,300

Est. ARV: $140,000

Rental Comps:

• 5409 Britwell Ct – 2/1.5, 1143 SF – $1250/month
• 12665 Castle Hill Dr #1 – 3/2.5, 1314 SF – $1,300/month