27127 Wakefield Drive, Brooksville, FL
12.75% return
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Property Description

Awesome single family rental. Occupied currently at $600 but will easily rent for $750 a month. Brick construction. Decent condition. No deferred maintenance needed. Tons of appreciation potential. Great long term hold. Only an hour away from Tampa!

Property Information

  • Listing statusSold
  • Property typeSingle Family
  • Total bedrooms2
  • Total bathrooms1
  • Building size720 sq. ft.
  • Lot size0.2 acres
  • Year built1979
  • CountyHernando County
  • SubdivisionHILL N DALE UNIT 1
  • ConstructionBrick
  • RoofShingle
  • Water sourceCity
  • Water disposalSewer
  • HeatingCentral
  • CoolingCentral

Property Financial Summary

  • Asking price $54,900
  • Estimated rehab 1 $0
  • Total investment $54,900
  • Type Proforma
  • Gross income (annually) $9,000
  • Operating expenses (annually) $1,999
  • Net income (annually) $7,001
  • Gross return 16.39%
  • Gross income (monthly) $750
  • Operating expenses (monthly) $167
  • Net income (monthly) $583
  • Net return 12.75%

Property Income & Expenses

  • Income
  • Entire property $750/month $9,000/year
  • Total $750/month $9,000/year
  • Expenses
  • Property Taxes $75/month $899/year
  • Insurance $92/month $1,100/year
  • Total $167/month $1,999/year

Property Questions & Answers

Q: How do I make an offer on this property?
A: Placing an offer is a simple process. All offers must be presented in writing with an escrow deposit of 10% or $5,000, whichever is larger. Escrow has to be sent to the attorney or title company who is handling the file for this property. Please send us an inquiry and one of our team members will get in touch with you to further assist you. You can also give us a call.

Q: Does this property come with clear title?
A: All our properties come with clear title. We highly recommend you purchase title insurance as well.

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