Key Metrics based on Seller's input

  • Gross ROI

  • Net ROI

  • Net ROI Cash

  • Net Monthly Cashflow

  • 21.35%

  • 16.63%

  • $19,960.10

  • $1,663.34

Acquisition Information

  • Price

  • Estimated Buyer's Closing Costs

  • $120,000.00

  • $3,600.00

Type: Manufactured Home

39820 US HIGHWAY 19 N #190, TARPON SPRINGS, Florida 34689

$120,000.00 21.35% GROSS ROI

Details

Location location Florida living at its best! Freshly painted and furnished dog friendly section.\r\n This Immaculate 2-bedroom 2 bath spacious home is in a wonderful 55+ community of Stonehedge on the Hill in Tarpon Springs. \r\n Unit futures high ceilings, laminate flooring, for easy maintenance and plenty of storage in the home. \r\n Updated kitchen with plenty of counter space and newer appliances, breakfast area separate dining room and fantastic living room for a family gathering. \r\n Master Suite with plush carpet, a Walk-In closet and and updated bathroom. Second bedroom has laminate flooring and custom built in closets. Kick back on bright and screened in porch that you can enjoy and relax throughout the day. \r\nOutside within a porch is a storage unit/laundry room with stackable washer and dryer and extra shelving. This owner spared no expense and updated all electrical, new windows, new A/C in June 2021, Water Heater 2 yr ,painted in and out, new ceiling fans, updated bathrooms.\r\nCommunity Futures amazing clubhouse, shuffleboard, gorgeous pool that you can enjoy year around and more activities in this active 55+ community. Extremely affordable living and conveniently located, to all, Airports, restaurants and more. HOA $285 a month includes Water, Trash, Sewer, Cable, Grounds and more. Co-op Share is included in the total price. Love where you live!

Category: Buy & Hold       Baths: 2       Beds: 2       Sq Ft: 1152       Year Built: 1973       Listing Date: 2021-12-13       Private Pool: No       MLS Status: Pending       Contract Status: No Contingency       Spa: No       Subdivision: STONEHEDGE ON THE HILL M/H PARK CO-OP UNREC       County: Pinellas       Direction Facing: West       Furnished: Furnished      

Tax Legal Description: STONEHEDGE ON THE HILL M/H PARK CO-OP (UNREC) LOT 190

Owner Costs

  • HOA Fees per month

  • Annual Property Taxes

  • $285.00

  • $1,101.09

Rental Information

  • Estimated Monthly Market Rent

  • Realistic Vacancy Rate (%)

  • $2,200.00

  • 5

Analyze Deal

USE YOUR OWN NUMBERS TO ANALYZE:

Closing Price

Closing Costs (EST. 3%)

Expected Monthly Rent

Monthly HOA Fees

Vacancy Yearly Percentage Rate (EST. 5%)

Annual Property Taxes

Estimated Renovation

Annual Insurance

Annual Estimated Repairs

ESTIMATED NET ROI:

  • NET ROI:
    21.36%

  • NET ROI CASH:
    $19,960.11

  • NET ANNUAL ROI:
    16.63%

  • NET MONTHLY CASHFLOW:
    $1,663.34

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