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Rank #3CondoCash Flow: $1,042/mo

3 bed / 2 bath · Riverview

Riverview, FL 33578 · Address on request · East Tampa / 33610

WONDERFUL 3 Bedrooms, 2 Bathrooms CORNER Unit in Villages of Bloomingdale ! Top Floor so no one above You. Split Bedroom Floor Plan. Showcasing a DELIGHTFUL Kitchen with NICE Appliances and PLENTY of Cabinets. The LARGE Light & Bright Living Room is VERY PRACTICAL and will ACCOMMODATE Everyone PLUS the SPECIOUS Balcony is PERFECT for RELAXING after a Long Day. HEAVENLY Master Bedroom offers much needed PRIVACY, an AMPLE Walk-In Closet and a SUMPTUOUS master bathroom. The Guest Bedrooms are GREAT size and share a Bathroom. Washer and Dryer in Unit is an Added BONUS. One Assigned Parking Spot and PLENTY of Visitor Parking. This GATED Community offers a Community POOL, Playground, Gym, Clubhouse and is CONVENIENTLY located to EVERYTHING Tampa Bay has, Shopping, Restaurants, Entertainment, Beaches, Tampa International Airport, Raymond James Stadium and the Interstate close by for an EASY commute to Downtown Tampa, Macdill AFB, St Pete, Apollo Beach. You will be very HAPPY here !

Ask
$169,999
Offer
$165,900
Rent
$1,848/mo
Cash flow
$1,042/mo
After debt (50% dn)
$490/mo
Mortgage (50% dn)
$552/mo
Tax
$289/mo
HOA
$375/mo
Insurance
$142/mo
Beds / baths
3 / 2
Sqft
1,151
Year built
2006

Money Models

Summary of the various models

These numbers use a simple setup: you put half the price down and keep the property for 10 years. Each card is a different guess about how fast prices rise.

Cash left each month (half down)

$490/mo

Rent minus taxes, HOA, insurance, and the mortgage. That’s about 7.1% a year on the money you put in.

If you pay all cash

$1,042/mo

No mortgage payment. About 7.5% a year on the full purchase price.

Like the last 10 years

Uses how fast this type of property grew in Tampa over the past 10 years.

Worth in 10 years
$321,167
Rent leftovers stacked
$58,816
Rent + price growth
$225,851

Slow growth

Assumes prices go up slowly. Safer / more careful guess.

Worth in 10 years
$183,257
Rent leftovers stacked
$58,816
Rent + price growth
$87,941

Normal growth

A middle-of-the-road guess for the next several years.

Worth in 10 years
$222,956
Rent leftovers stacked
$58,816
Rent + price growth
$127,640

Fast growth

Assumes a strong market. Good case, not a promise.

Worth in 10 years
$283,381
Rent leftovers stacked
$58,816
Rent + price growth
$188,066

The sections below let you move the down payment and the years if you want. You already have the picture if you stop here.

Model 1

Cash-on-cash (your yearly paycheck %)

What is this in plain English?

Imagine you put some money down to buy the house. Every month, tenants pay rent. After you pay taxes, HOA, insurance, and the mortgage, whatever cash is left is your “paycheck” from the property.

Cash-on-cash answers: “If I put in $X, what % of that do I get back each year in leftover cash?” Example: put in $100,000 and get $8,000/year left over → 8% cash-on-cash.

Move the slider to change how much you put down (1% = mostly borrowed, 100% = you pay all cash and have no mortgage payment).

If you pay all cash

7.5%

You keep about $1,042/mo every month after bills

With this down payment

7.1%

50% down = $82,950 of your money

Cash left each month

$490/mo

After also paying the $552/mo mortgage

50% · $82,950 · bank loan $82,950
1% down50%100% all cash
Open mortgage calculator with these numbers →

Model 2

Price growth (will the property be worth more?)

What is this in plain English?

Houses (and land) often cost more years later than they do today. That rise in price is called appreciation.

This model guesses: “If prices grow like ___, what is this property worth after 1 to 15 years?” It also tracks how much of the loan you’ve paid off, so you can see your equity (value minus what’s still owed to the bank).

Pick a growth speed below, then slide how many years you plan to hold. These are scenarios — not guarantees.

Modeled at ~72% of Tampa SFH HPI YoY (condos typically lag detached in this cycle). Forward rates discounted vs SFH.

Last 1 year avg growth

-0.6% / yr

Last 5 years avg growth

7.5% / yr

Last 10 years avg growth

6.8% / yr

A middle-of-the-road guess for the next several years. Using 3.0% growth per year.

10 years
1 yr8 yr15 yr

Estimated value then

$222,956

Your equity

$151,774

Still owe bank $71,181

Profit vs cash you put in

$127,640

Includes rent leftover + price growth

Avg return per year

9.8%

2.54× your cash back

Recent yearly price changes · Condo

16
17
18
19
20
21
22
23
24
25

Model 3

Total return (rent + price growth together)

What is this in plain English?

Real estate can pay you in two ways at the same time:

  1. Rent leftovers (like a dividend) — cash you collect each year after bills and the mortgage.
  2. Price growth — the property becoming worth more than what you still owe, so your equity grows.

This model adds both over the years you chose above. That combined number is your estimated total return. Uses the same down payment and growth scenario from Models 1 and 2.

From rent (dividends)

$58,816

10 years of leftover cash stacked up

From price growth

$68,824

Equity today minus the cash you put in

Total return

$127,640

On $82,950 cash in · 9.8%/yr avg

Where the money comes from (year 10)

Rent leftoversPrice growth
YearRent stackedEquity gainTotal returnAvg / yr
1$5,882$5,820$11,70114.1%
2$11,763$11,849$23,61313.3%
3$17,645$18,098$35,74312.7%
4$23,526$24,576$48,10212.1%
5$29,408$31,291$60,69911.6%
6$35,289$38,256$73,54511.2%
7$41,171$45,479$86,65010.8%
8$47,053$52,974$100,02610.4%
9$52,934$60,751$113,68610.1%
10$58,816$68,824$127,6409.8%
11$64,697$77,206$141,9049.5%
12$70,579$85,912$156,4909.2%
13$76,461$94,955$171,4159.0%
14$82,342$104,351$186,6938.8%
15$88,224$114,118$202,3428.6%

Tip: change the down-payment slider in Model 1 and the years / growth buttons in Model 2 — this total-return table updates automatically.

East Tampa / 33610 · Greater Tampa

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DISCLAIMERS

Figures (taxes, HOA, insurance, rent, cash flow, offer, mortgage, and model outputs) are estimates from public data and automated models — not guarantees of value, income, or returns. Full disclaimers

Licensed solicitation by Sam Kasimalla, FL Real Estate Agent, LPT Realty LLC · Equal Housing Opportunity · Read full disclaimers · Privacy policy