1438 Meredith Dr

Spring Hill, FL 34608
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3 bd, 2 ba | 1,968 sqft | Built in 1988

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List Price
$325,000

Initial Investment

$88,563

Purchase Price

$325,000

Down Payment

25%

Rent

$2,180

Total Return

$295,909

Annualized Return

33.7%

Cap Rate

5.2%

Gross Yield

8.0%

Cash Flow

-$1,740

Appreciation

14.4%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

12,366

HOA

None

Flood Risk

Not Required

Nestled in the serene beauty of Hernando County, this charming home sits on just over a quarter of an acre, offering a peaceful retreat from the hustle and bustle of everyday life. The property exudes a sense of tranquility and privacy. The home itself boasts a warm and inviting atmosphere, with spacious living areas and an abundance of natural light. Whether enjoying a morning coffee on the porch or hosting gatherings in the backyard, this home provides the perfect balance of comfort. With its prime location in Hernando County, residents can enjoy the nearby amenities, including parks, shopping centers, and schools. Additionally, this delightful home has recently received a fresh coat of paint, enhancing its curb appeal and giving it a renewed sense of vibrancy.

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

Annual Financial Highlights

Expected Rent

$24,852

Expenses

-$4,424

Property Taxes

-$4,500

Loan Payments

-$17,669

Net Cash Flow

-$1,740

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:Michael Olivera
Agent License 3483087
AMERIVEST REALTY
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #T3473383
Last Updated: 09/28/2023 17:09
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