3522 E 27TH Ave
- TAMPA, FL 33605
- $424,900
- 3 Bed(s)
- 2 Baths
- 1,608 Sqft.
Under contract-accepting backup offers. Generating over 6,200 per month in gross rental income 74,000 per year, this investment offers a unique combination of cash flow and turnkey management in a sought-after location. After expenses the CAP rate is over 10 and 11.3 cash-on-cash ROI. The home is leased to one tenant, PadSplit, which hosts the property on their platform. PadSplit not only helps members save money and live closer to work but also provides an avenue for investors to achieve 3x cash flow. All members are professionally screened by PadSplit, required to pass a background check and undergo income verification. PadSplit handles inbound requests from members and enforces house rules. One rent payment is direct-deposited into the owners bank account based on the homes previous months performance. Sold with an optional top-rated super-host who coordinates cleaning and repairs, this property is ideal for any investor. Contact us today for preferred lenders if you need financing. If PadSplit is new to you, please Google PadSplit to learn more about this game-changing affordable housing solution before calling. Part of a portfolio, contact the listing agent if you are interested in purchasing multiple properties with a similar setup and ROI. OFFER REQUIREMENTS: Do all due diligence before submitting an offer, 7,500 EMD, closing agent MUST be Heather Salvatoriello with The Close Agent.
The multiple listing information is provided by the MY FLORIDA REGIONAL MLS (MFRMLS)® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present MY FLORIDA REGIONAL MLS (MFRMLS)®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: HAMPTON REAL ESTATE ADVISORS LLC
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The multiple listing information is provided by the MY FLORIDA REGIONAL MLS (MFRMLS)® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present MY FLORIDA REGIONAL MLS (MFRMLS)®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: HAMPTON REAL ESTATE ADVISORS LLC
Real Estate IDX Powered by: TREMGROUP
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