2076 Ridgecrest Dr

Dunedin, FL 34698
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3 bd, 2 ba | 2,164 sqft | Built in 1981

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List Price
$400,000

Initial Investment

$109,000

Purchase Price

$400,000

Down Payment

25%

Rent

$2,720

Total Return

$303,639

Annualized Return

30.1%

Cap Rate

5.2%

Gross Yield

8.2%

Cash Flow

-$2,082

Appreciation

12.5%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

8,398

HOA

$2/mo

Flood Risk

Not Required

Welcome to Barrington Hills, a tranquil enclave nestled within the highly coveted City of Dunedin. Positioned just moments away from the charming allure of downtown, this established subdivision epitomizes convenience and comfort. Presenting a prime opportunity for astute buyers, this property is a diamond in the rough—a fixer-upper brimming with potential and offering exceptional value in the realm of real estate. With a touch of sweat equity, transform this house into your dream home. Step inside to discover a functional layout designed for everyday living. The kitchen, conveniently located just off the entryway, seamlessly flows into the spacious living and dining areas. A split floor plan ensures privacy, with the primary suite situated on one side of the residence and secondary bedrooms on the opposite end. Convenience meets practicality with an inside laundry room positioned just off the two-car garage—an ideal setup for busy households. Beyond the living room awaits a screened-in porch, beckoning you to unwind and enjoy the serene ambiance of the fenced backyard, offering ample space for potential pool installation. Envision the possibilities of this home with strategic wall removals to create an open-concept living space. Personalize every corner with your unique style and flair, transforming this canvas into a reflection of your distinct taste. Embrace the opportunity to showcase your handyman talents and become the envy of your friends as you breathe new life into this residence in a sought-after neighborhood. Don't miss out on the chance to make this house your own—schedule your tour today and let your imagination run wild!

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

Annual Financial Highlights

Expected Rent

$31,008

Expenses

-$5,544

Property Taxes

-$5,800

Loan Payments

-$21,746

Net Cash Flow

-$2,082

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 Ceparano
Agent License 3420617
FUTURE HOME REALTY INC
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #U8236168
Last Updated: 03/27/2024 12:03
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