12042 Cavern Rd

Spring Hill, FL 34609
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4 bd, 3 ba | 2,901 sqft | Built in 2005

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List Price
$399,000

Initial Investment

$108,728

Purchase Price

$399,000

Down Payment

25%

Rent

$2,170

Total Return

$270,889

Annualized Return

26.2%

Cap Rate

3.3%

Gross Yield

6.5%

Cash Flow

-$9,445

Appreciation

12.8%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

10,000

HOA

None

Flood Risk

Not Required

Welcome to this amazing IMMACULATE MOVE IN READY home! This home BOASTS of 4 LARGE bedrooms WITH 3 en-suite bathrooms! Freshly painted inside, sealed driveway, sealed garage floors and newly manicured landscaping! Built in 2005 with the newer hurricane codes and A NEW ROOF to be installed just days before closing with BUYERS CHOICE of shingle color! Two Bedrooms have New Carpet and Two bedrooms have New Luxury Vinyl Plank flooring! AC was replaced in 2017, New Double Pane Windows and doors in 2020, and Hot water heater in 2024! Walking into the home you will immediately see the formal dining room that leads to the BEAUTIFUL large kitchen with STAINLESS STEEL appliances and a New Range and New refrigerator! Plenty of cabinets for storage AND a large pantry! The open floor plan WITH VAULTED CEILINGS creates a spacious environment, perfect for entertaining family and friends! THREE OF THE BEDROOMS have their own PRIVATE suites. There is a door that shuts off each suite from the living areas for the added extra privacy! Each bedroom is VERY large with walk-in showers! One of the showers has a roll in entrance for wheelchair accessibility! The primary bathroom has dual sinks and both a walk-in shower as well as a GARDEN TUB to soak your cares away at the end of the day! There are French doors leading out from the living room to the screened in lanai. This home has a nice sized back yard if you wanted to add a pool, and there is a shed in the back for EXTRA storage! Located outside the screened in lanai is a large concrete pad for your BBQ grill. No CDD, No HOA, No FLOOD ZONE located on a quiet street with no through traffic!!! This Oversize yard is perfect if you have an RV or boat you need to store and a very long driveway. Be sure to view the 3D TOUR of this amazing home and there is ALSO a WALK-THROUGH VIDEO attached as well, see “Virtual Tour”. Located in the heart of Spring Hill close to many local attractions including Florida’s famous Weeki Wachee Springs with live mermaid shows, Buccaneer Bay inside Weeki Wachee Springs State Park, and the BEAUTIFUL Weeki Wachee River! Only minutes from the Charming Downtown Brooksville with its quaint shops, restaurants, and coffee shops! Spring Hill is also close to several public boat ramps leading out into the Gulf of Mexico, Public Golf Courses, Parks, hiking trails, Biking trails, restaurants, shopping centers, doctor offices, hospitals, and the outlet malls are only a short drive away! Close to Tampa for all the concerts, sporting events, and easy access to Tampa International Airport!

See more in Analysis
Jeff Wills
Sefair Investments, Inc
FL Agent License #BK3326417

Annual Financial Highlights

Expected Rent

$24,738

Expenses

-$7,041

Property Taxes

-$5,450

Loan Payments

-$21,692

Net Cash Flow

-$9,445

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Ashley Stout Fuchs
Agent License 3407117
RE/MAX MARKETING SPECIALISTS
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #U8236571
Last Updated: 03/28/2024 17:03
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