444 Edison St

Spring Hill, FL 34608
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2 bd, 2 ba | 2,232 sqft | Built in 1986

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List Price
$275,000

Initial Investment

$74,938

Purchase Price

$275,000

Down Payment

25%

Rent

$1,760

Total Return

$235,721

Annualized Return

31.4%

Cap Rate

4.2%

Gross Yield

7.7%

Cash Flow

-$4,235

Appreciation

14.4%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

10,000

HOA

None

Flood Risk

Not Required

Under contract-accepting backup offers. ROOF 2023!! HVAC updated in 2022. Walk into this immaculate 2 bed, 2 bath, with an oversized 2-car garage. This home has been well maintaned and cared for!! The living square footage is a little under 1,400, with a total structural sq feet of under 2,300. You will love this open concept, split bedroom floor plan home with high ceilings throughout. Water Heater replaced in 2019. Septic pumped in 2023, with Drain Fields replaced in 2010. Front Porch and Back Patio Screening was replaced in 2023. This home is located off of Waterfall Dr where there is no through traffic to ensure privacy for the residents that live there. Property is on small street with cul-de-sac. There is plenty of natural lighting that comes inside, with gorgeous plantation shutters on the windows. You won't have to worry about the high insurance costs, as this home is in NO FLOOD ZONE! In addition, the owner had third nail installation for additional wind protection on the roof. The garage has plenty of workshop space for anyone who is handy, totaling 528 square feet. Sit on the fully enclosed screen patio with your morning coffee and enjoying your private backyard. Home is less than 15 minutes to US-19 with EASY access to Clearwater/St Petersburg and Homosassa/Crystal River. Go watch the mermaids and enjoy fun in the sun at Weeki Wachee Springs State Park, which is less than 15 minutes away.

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

Annual Financial Highlights

Expected Rent

$20,064

Expenses

-$5,598

Property Taxes

-$3,750

Loan Payments

-$14,950

Net Cash Flow

-$4,235

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:Jarid Weddle
Agent License 3514473
RE/MAX MARKETING SPECIALISTS
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #U8237623
Last Updated: 04/23/2024 01:04
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