456 Mistwood Ct

Spring Hill, FL 34609
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3 bd, 2 ba | 2,566 sqft | Built in 1998

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List Price
$330,000

Initial Investment

$89,925

Purchase Price

$330,000

Down Payment

25%

Rent

$2,280

Total Return

$246,969

Annualized Return

29.3%

Cap Rate

4.6%

Gross Yield

8.3%

Cash Flow

-$3,643

Appreciation

12.8%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

7,150

HOA

$214/mo

Flood Risk

Not Required

This charming Bluebird model home is located in the desirable, very active 55+ gated Wellington Community. Come live the lifestyle with this well maintained 3 bedrooms, 2 bath, 2 car garage home and is within walking distance to the clubhouse and pool. The double door entry will lead to the open floor plan which offers a cozy living room/dining combo. The eat-in kitchen features ample space for all your cooking needs and an extended counter/bar for extra seating. The separate family room features sliding doors to the lanai. A convenient split bedroom plan includes a spacious ensuite with a walk-in closet. Inside the master bath you’ll find dual sinks, a garden tub and a separate walk-in tile shower. The second and third bedrooms are spacious, sharing the second bathroom. The dedicated laundry room with a utility sink includes the washer and dryer. Relax and enjoy the beauty and serenity out back in the large screen enclosed lanai while enjoying your morning coffee. Other features include roof 2015, AC 2010, water softener. ALL furniture and contents included in the sale. The Wellington Community features a clubhouse, fitness center, heated pool, tennis courts, restaurant, bar, lots of events and entertainment. Hernando County YMCA, and Veterans Memorial Park just minutes away. Weeki Wachee Springs State Park, Rogers Park, Pine Island Beach, and other popular swimming destinations are only a short drive. Located close to shopping, restaurants, hospital, entertainment, conveniently located close to the Suncoast Parkway for work or play! Enjoy everything Tampa Bay has to offer from the new Downtown Riverwalk, TOP US BEACHES, boating, fishing, golfing, cultural entertainment, and museums...and of course year-round beautiful weather!

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

Annual Financial Highlights

Expected Rent

$25,992

Expenses

-$7,195

Property Taxes

-$4,500

Loan Payments

-$17,941

Net Cash Flow

-$3,643

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:Fran Meyer, PA
Agent License 3128842
RE/MAX MARKETING SPECIALISTS
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #W7863884
Last Updated: 04/14/2024 10:04
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