1958 Essex Dr

Holiday, FL 34691
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2 bd, 1 ba | 1,348 sqft | Built in 1975

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List Price
$228,000

Initial Investment

$62,130

Purchase Price

$228,000

Down Payment

25%

Rent

$1,570

Total Return

$175,264

Annualized Return

31.0%

Cap Rate

5.8%

Gross Yield

8.3%

Cash Flow

$217

Appreciation

12.2%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

7,140

HOA

None

Flood Risk

High Risk - Zone AE

Under contract-accepting backup offers. Welcome to this charming home which features 2 bedrooms, 1 bathroom, and 1-car garage along with a bonus Florida room and screened-in porch. The spacious backyard can be accessed through the grand 12-foot gate located on the right side, perfect for parking your RV, boat trailer, project car, jet skis, and countless other "toys." The fully fenced backyard has been upgraded with a French drain and the deck has been wired for a hot tub for you and your guests optimal enjoyment. Conveniently located just miles from downtown Tarpon Springs, the Sponge Docks, parks, beaches, hiking trails, bike paths, and much, much more. You won't want to miss a perfect opportunity to make this versatile and accommodating home designed for all your Florida lifestyle needs yours.

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

Annual Financial Highlights

Expected Rent

$17,898

Expenses

-$3,186

Property Taxes

-$2,100

Loan Payments

-$12,395

Net Cash Flow

$217

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:Eric Emmerling
Agent License 3549281
EXP REALTY LLC
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #W7863944
Last Updated: 04/22/2024 01:04
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