3644 62nd Ave E

Bradenton, FL 34203
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3 bd, 2 ba | 1,725 sqft | Built in 2000

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List Price
$431,000

$9K

Initial Investment

$117,448

Purchase Price

$431,000

Down Payment

25%

Rent

$2,720

Total Return

$179,011

Annualized Return

20.0%

Cap Rate

5.1%

Gross Yield

7.6%

Cash Flow

-$2,543

Appreciation

7.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

6,500

HOA

$50/mo

Flood Risk

Not Required

One or more photo(s) has been virtually staged. Welcome to this stunning property that boasts a natural color palette throughout. The spacious master bedroom features a walk-in closet, while other rooms provide flexible living space. The primary bathroom offers a separate tub and shower, as well as good under sink storage. Step outside to the fenced backyard, complete with a private in-ground pool and covered sitting area. Enjoy the tranquility of this oasis, perfect for relaxing and entertaining. Plus, with fresh interior paint, this home completes the look of the property. Don't miss out on this amazing opportunity!

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

Annual Financial Highlights

Expected Rent

$31,008

Expenses

-$6,119

Property Taxes

-$4,000

Loan Payments

-$23,431

Net Cash Flow

-$2,543

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:Alli Johnston
Agent License 3413175
OPENDOOR BROKERAGE LLC
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #O6190925
Last Updated: 04/18/2024 03:04
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