311 Sugar Creek Dr

Plant City, FL 33563
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3 bd, 2 ba | 2,148 sqft | Built in 1991

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List Price
$340,000

Initial Investment

$92,650

Purchase Price

$340,000

Down Payment

25%

Rent

$2,010

Total Return

$222,971

Annualized Return

26.2%

Cap Rate

4.0%

Gross Yield

7.1%

Cash Flow

-$5,799

Appreciation

12.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

8,925

HOA

None

Flood Risk

Not Required

Turnkey move-in ready 3 bedrooms, 2 baths, 2 car, 1,454 sf in the Sugar Creek Neighborhood Plant City. HUGE CORNER 85 x 105 lot. *BRAND NEW dimensional shingle roof offering buyers wind mitigation credits and warranty. * New Energy Efficient AC installed in 2023 with manufactures warranty. 12x 12 Tile floors flow throughout the home and new carpet in the bedrooms. Wide open split bedroom floor plan with vaulted ceilings, formal dining room/ family room. Chefs kitchen with large pantry, solid wood cabinets. Large owners suite, ample sized 2nd and 3rd bedrooms share a bath. To the rear of the home is a very nice 15 x 15 screened Lanai. NO HOA OR CDD in Sugar Creek Neighborhood. Conveniently located near Park Rd I-4 entrance, shopping, dining and Down Town Plant City.

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

Annual Financial Highlights

Expected Rent

$22,914

Expenses

-$4,079

Property Taxes

-$6,150

Loan Payments

-$18,484

Net Cash Flow

-$5,799

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:Christopher Bilar
Agent License 3046245
FLORIDA EXECUTIVE REALTY
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #T3516468
Last Updated: 04/11/2024 10:04
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