5771 Fairlane Dr

North Port, FL 34288
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3 bd, 2 ba | 2,028 sqft | Built in 2001

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List Price
$279,900

Initial Investment

$76,273

Purchase Price

$279,900

Down Payment

25%

Rent

$2,060

Total Return

$142,705

Annualized Return

23.7%

Cap Rate

5.8%

Gross Yield

8.8%

Cash Flow

$137

Appreciation

8.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

10,000

HOA

None

Flood Risk

Not Required

Experience the charm of this inviting 3-bedroom, 2-bath home in North Port, FL, complete with a NEW ROOF! Step into the open floorplan, high ceilings, and tile floors throughout that create a spacious atmosphere. The kitchen flows seamlessly into the large lanai, living room, and dining area, ideal for hosting guests or unwinding. Flooded with natural light, this home features three sets of sliders and large windows letting the beautiful Florida outside in. The Master Suite features a large walk-in closet, private toilet/shower room, and access to the lanai through sliders. Conveniently situated near schools, shops, restaurants, and golf courses, with easy access to I-75. Don't let this chance slip away to enjoy Florida living in this bright and airy home.

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

Annual Financial Highlights

Expected Rent

$23,484

Expenses

-$4,180

Property Taxes

-$3,950

Loan Payments

-$15,217

Net Cash Flow

$137

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:Jason Ester
Agent License 3269375
RE/MAX ANCHOR REALTY
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #C7490942
Last Updated: 04/11/2024 17:04
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