3108 Summer House Dr

Valrico, FL 33594
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4 bd, 2 ba | 1,507 sqft | Built in 2003

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For Sale

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List Price
$369,900

Initial Investment

$100,798
Pre-approval letter or proof of funds required.

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about the purchase process.

Purchase Price

$369,900

Down Payment

25%

Rent

$2,400

Total Return

$158,673

Annualized Return

19.5%

Cap Rate

4.1%

Gross Yield

7.8%

Cash Flow

-$6,216

Appreciation

8.8%
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Features

Occupancy

Vacant

Vacancy Protection

Yes

Lot Size

5,138

HOA

$50/mo

Flood Risk

Not Required

Fresh and inviting! This inviting 4-bedroom 2 bath home has been completely updated and is ready for your pride of ownership. This home has been updated with a new kitchen, offering stainless steel appliances (stove, dishwasher, microwave) and granite counter tops. New floors, updated bathrooms, and both the interior and exterior have been freshly painted. This home is inviting and move in ready. This community is amenity rich with a playground, community pool, tennis courts, volleyball, and a picnic area. Somerset is well desired community that is close to all the activities offered in Tampa Bay and surrounding communities. Dining, entertainment, and shopping are easy access and a short drive to the world’s best beaches. No CDD Low HOA. Schedule your private tour today!

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

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Annual Financial Highlights

Expected Rent

$27,360

Expenses

-$8,286

Property Taxes

-$5,180

Loan Payments

-$20,110

Net Cash Flow

-$6,216

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:Derek Dickson
Agent License 385776
Offerpad
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #T3413907
Last Updated: 11/21/2022 09:11
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.