OFF_MARKETExcellent Deal3 days on market

1806 E Caracas St

1806 E Caracas St, Tampa, FL 33610, Tampa, FL 33610
$650,000
Zestimate®:$640,400

Listing Price

Property image 1
1806 E Caracas St, Tampa, FL 33610
Loc: Tampa, FL
Days Listed
3
Tax Assessed
$353k
Zestimate®
$640k
Market Rate
Lot Size
6,165 sqft
Rent Estimate
$2,810/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

2

Edison Elementary School

PK-5
0.3 mi away
3

Sligh Middle School

6-8
1.2 mi away
4

Middleton High School

9-12
0.4 mi away
Haven Underwritten Market·Prime (>= 1.25x)

Tampa, FL Investment Analysis (2026)

Cap Rate Range: 5.8% - 6.9% · Median Rent: $2,600/mo · Effective Tax: 0.91%

Open Tampa Market Underwrite

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
7.79%
Total ROI
28.6%
Cash Flow
$931/mo
DSCR
1.28
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-04-23Sold$640,000$344
2026-03-30Pending sale$650,000$350
2026-03-12Price change$650,000$350
2023-07-19Pending sale$563,500$303
2023-06-28Listed for sale$563,500$303

Tax History

YearProperty TaxTax Assessment
2025$6,268.5$353,137
2024$6,176.27$361,753
2023$1,118.25$57,133
2022$1,003.11$51,939
2021$604.1$28,108
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
3
Sq Ft
1,859
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $650,000Rent Basis: Observed Comp Model ($2,810/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $325/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
2.86%

NOI: $18,604/yr

Cash-on-Cash Yield
-14.6%

On $149,500 invested

DSCR Ratio
0.46x

Negative debt coverage

5-Yr Leveraged ROI
+21.1%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.98% of basis)-$288/mo
Homeowner / Hazard Insurance-$325/mo
Vacancy Reserve (5% of rent)-$141/mo
Repairs & Maintenance (10% of rent)-$281/mo
Property Management (8% of rent)-$225/mo
Total Pure Operating Expenses-$1,260/mo
Net Investor Cash Flow
Gross Scheduled Rent+$2,810/mo
Less: Operating Expenses-$1,260/mo
Net Operating Income (NOI)+$1,550/mo
Less: Debt Service (30yr @ 6.75%)-$3,373/mo
Net Cash Flow
$-1,822/mo
$-21,869/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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