Here's The Story! -Your ideal 3 bedroom 2 bathroom 2 car garage single family home. -Quiet, family oriented neighborhood. -Home sits on about a third of an acre (.28 acres). -1,586 heated sq ft appeals to 85% of the population-Home boasts a solid living space, good sized backyard, screened in porch area, private pool, working A/C unit in place-A little carpet and paint, a pool cleaning and a roof is all this home needs to be rent ready! -Oak Hammock last Sold in Oct. 2009 for $120,000 when the market was at its cheapest and no one was buying homes. Today in 2015, despite an appreciating market, $109,000 gives you the keys to this home. **Let's Run The Numbers!Address: 3901 Oak Hammock Dr, Brandon, FL 33511To Own: $109,000Rental Repairs: $10K-$15K (Roof, Pool Cleaning, C/P)Total Investment: $120K-$125K Rent: $1,300/monthROI: 12.5%-13%FLIP Repairs (Repairs Mentioned Above Plus Updates Throughout): $20K-$25KTotal Investment: $130K-$135KRetail Value: $160KSpread (Capital Gains): $20K-$25K
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