Rank #5CondoCash Flow: $1,000/mo

3 bed / 2 bath · Riverview

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

Welcome to this beautifully maintained 3-bedroom, 2-bathroom first-floor condominium in the heart of Riverview! Ideally situated with quick access to I- 301, this home offers the perfect combination of comfort, convenience, and low-maintenance living. The functional kitchen is equipped with essential appliances, including a refrigerator, range, over-the-range microwave, and dishwasher, along with ample cabinet space for all your storage needs. A cozy corner provides the perfect spot for a breakfast nook or additional shelving. The spacious open layout features durable tile flooring throughout, offering easy maintenance with no carpet. Step outside to your private screened-in lanai, an ideal space to enjoy your morning coffee or unwind after a long day. Conveniently located just minutes from shopping, dining, entertainment, and everyday essentials, you'll appreciate being near Xscape Theatres, Topgolf, and with easy access to downtown Tampa, MacDill Air Force Base, and the beautiful Gulf Coast beaches. Whether you're a first-time homebuyer, downsizing, or looking for an excellent investment opportunity, this move-in-ready condo checks all the boxes. Schedule your private showing today—this exceptional opportunity won't last long!

Ask: $205,000
Offer: $197,900
Rent: $1,848/mo
Cash flow: $1,000/mo
After debt (50% dn): $342/mo
Mortgage (50% dn): $658/mo
Tax: $332/mo
HOA: $345/mo
Insurance: $171/mo
Beds / baths: 3 / 2
Sqft: 1,151
Year built: 2006
Lot: 2 sqft

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)

$342/mo

Rent minus taxes, HOA, insurance, and the mortgage. That’s about 4.1% a year on the money you put in.

If you pay all cash

$1,000/mo

No mortgage payment. About 6.1% 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: $383,116
Rent leftovers stacked: $41,002
Rent + price growth: $240,257

Slow growth

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

Worth in 10 years: $218,605
Rent leftovers stacked: $41,002
Rent + price growth: $75,745

Normal growth

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

Worth in 10 years: $265,961
Rent leftovers stacked: $41,002
Rent + price growth: $123,102

Fast growth

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

Worth in 10 years: $338,042
Rent leftovers stacked: $41,002
Rent + price growth: $195,182

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

6.1%

You keep about $1,000/mo every month after bills

With this down payment

4.1%

50% down = $98,950 of your money

Cash left each month

$342/mo

After also paying the $658/mo mortgage

How much do you put down?50% · $98,950 · bank loan $98,950

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.

How many years do you keep it?10 years

1 yr8 yr15 yr

Estimated value then

$265,961

Your equity

$181,050

Still owe bank $84,911

Profit vs cash you put in

$123,102

Includes rent leftover + price growth

Avg return per year

8.4%

2.24× your cash back

Recent yearly price changes · Condo

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:

Rent leftovers (like a dividend) — cash you collect each year after bills and the mortgage.
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)

$41,002

10 years of leftover cash stacked up

From price growth

$82,100

Equity today minus the cash you put in

Total return

$123,102

On $98,950 cash in · 8.4%/yr avg

Where the money comes from (year 10)

Rent leftoversPrice growth

Year	Rent stacked	Equity gain	Total return	Avg / yr
1	$4,100	$6,942	$11,042	11.2%
2	$8,200	$14,135	$22,335	10.7%
3	$12,301	$21,589	$33,890	10.3%
4	$16,401	$29,316	$45,717	10.0%
5	$20,501	$37,327	$57,828	9.6%
6	$24,601	$45,635	$70,236	9.4%
7	$28,701	$54,252	$82,953	9.1%
8	$32,802	$63,192	$95,993	8.8%
9	$36,902	$72,469	$109,371	8.6%
10	$41,002	$82,100	$123,102	8.4%
11	$45,102	$92,099	$137,201	8.2%
12	$49,202	$102,483	$151,685	8.1%
13	$53,303	$113,270	$166,573	7.9%
14	$57,403	$124,479	$181,882	7.7%
15	$61,503	$136,130	$197,633	7.6%

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