11261 Redgate St

Spring Hill, FL 34609
image0

2 bd, 2 ba | 1,960 sqft | Built in 1981

slider image
slider image
slider image
List Price
$294,000

Initial Investment

$80,115

Purchase Price

$294,000

Down Payment

25%

Rent

$1,880

Total Return

$217,352

Annualized Return

28.9%

Cap Rate

4.5%

Gross Yield

7.7%

Cash Flow

-$3,616

Appreciation

12.8%
refreshReset to Default
Edit Assumptions
Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

11,116

HOA

None

Flood Risk

Not Required

Attractive Well Maintained Spring Hill 2 Bedroom 2 Bath 2 Car Garage Home Awaits Its New Owner! Located on Over a Quarter Acre Lot, Here’s Your Sweet Spot in Hernando County. Freshly Painted Inside and Out. Outside You’ll Find New Professional Front Landscaping, Including Attractive Decorative Concrete Curb Edging, Mature Shade Trees and Cabbage Palms On The Side and Back Yards. Big Double Car Driveway Leads Up To Your Home and Garage. Step Inside and Find Luxury Vinyl Plank Flooring Throughout Most of the Home, With Plush Carpet in The Bedrooms. There’s’ Plenty of Natural Light, Notice the Open Feel as You Tour This Home. From Your New Living Room. You Can See All The Way Back to Your Pool and Back Yard As You Enter. Notice You Have Attractive Crown Molding Throughout The Home, Too. Your New Kitchen Has Recessed LED Lighting. Rich Oak Finished Cabinets From Ceiling to Floor, Gorgeous Granite Counters; A Big Breakfast Bar and Built In Desk. Plus, Stainless-Steel Appliances Featuring Refrigerator with Icemaker and Door Dispenser, Bosch Dishwasher, and a Brand-New Glass Top Range. Dining Room Comes Next With Sliders Leading Out to The Pool and Sliders Leading out to The Back Porch! Inside Still: Master Bedroom Has A Wall Length Closet, Plus an Adjacent Bath with Walk-in Shower. Noice the Beautiful Vanity and Custom Ceramic Vessel Bathroom Sink. The Main Bath Has a Large Vanity. Tub With Shower and Beautiful Shower Wall Tile. Adjacent Second Bedroom Is Nicley Sized, Too. The Oversized Garage Has Plenty of Room For Storage, Plus Laundry Hook-ups as Well. Let’s Check Out The Pool! Exit The Dining Room Through The Porch Sliders. Your Back Porch Provides Shade from The Direct Sun and Features a Lighted Ceiling Fan. And You’re Here Now: Take a Dip In Your Beautiful Screened In 24’ Long Pool! Hours Of Enjoyment and Entertainment Await. Your Vinyl Fence and Dense Vegetation Provide Privacy and Security for Your Home. This is What Florida Living Is All About! You’re Located 2 Blocks from Mariner Blvd, Just Minutes from Spring Hill Drive, and US 19. And Approx. Drive Time to TPA Airport is 1 Hour. Don’t Wait, Call Today! ATTENTION: This home offer is available for the first three days on the market with a special benefit to Active-Duty Military, Retired Veteran that was honorably discharged, Widow of a Veteran, an Educator in the State of Florida, First Responder, EMT, EMS or Law Enforcement SEE ATTACHMENT AND CALL FOR MORE INFORMATION..

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

Annual Financial Highlights

Expected Rent

$21,432

Expenses

-$3,815

Property Taxes

-$5,250

Loan Payments

-$15,983

Net Cash Flow

-$3,616

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.

Similar Listings



Listing Courtesy of:Tom Latto III, PA
Agent License 337842
CHARLES RUTENBERG REALTY INC
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #U8237753
Last Updated: 04/26/2024 14:04
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.