1469 Bishop Road, Spring Hill, FL
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8.03% return
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Property Description

**INVESTOR SPECIAL!**

Great investment opportunity. This 2 bed/2 bath house includes a pool and one car garage . Open floor plan property has room for improvement with minor TLC needed.Central heat and air . City water & sewer. Tenant occupied. Drive by only. Cash or Hard money only!

Property Information

  • Listing statusActive
  • Property typeSingle Family
  • Total bedrooms2
  • Total bathrooms2
  • Building size1058 sq. ft.
  • Lot size0.2 acres
  • Year built1978
  • CountyHernando County
  • SubdivisionSPRING HILL UN 8
  • ConstructionFrame
  • RoofShingle
  • Water sourceCity
  • Water disposalSewer
  • HeatingCentral
  • CoolingCentral air

Property Financial Summary

  • Asking price $119,900
  • Estimated rehab 1 $0
  • Total investment $119,900
  • Type Actual
  • Gross income (annually) $11,400
  • Operating expenses (annually) $1,770
  • Net income (annually) $9,630
  • Gross return 9.51%
  • Gross income (monthly) $950
  • Operating expenses (monthly) $148
  • Net income (monthly) $802
  • Net return 8.03%

Property Income & Expenses

  • Income
  • 2 bed / 2 bath $950/month $11,400/year
  • Total $950/month $11,400/year
  • Expenses
  • Insurance $65/month $776/year
  • Property Taxes $83/month $994/year
  • Total $148/month $1,770/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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