8003 Boca Grande Ave
North Port, FL 34287
List Price
$180,000
Initial Investment
$49,050Purchase Price
$180,000
Down Payment
25%
Rent
$2,080
Total Return
$140,830
Annualized Return
34.7%
Cap Rate
8.9%
Gross Yield
13.9%
Cash Flow
$5,302
Appreciation
10.4%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
8,866
HOA
None
Flood Risk
Not Required
Fantastic opportunity to renovate this 2 bed 2 bath block home in North Port! The car port is under the same roof and can easily be converted into another bedroom adding more square footage as well. Roof was replaced in 2015 and AC is newer as well. Demo work has already been completed. Corner lot will help great on resale value. Compareable renovated properties are selling above 300k. Property is being sold as-is. Cash or hard money only. Vacant and easy to show.
See more in Analysis
Jeff Wills
Sefair Investments, Inc
FL Agent License #BK3326417
Annual Financial Highlights
Expected Rent
$23,712Expenses
-$5,375Property Taxes
-$3,250Loan Payments
-$9,786Net Cash Flow
$5,302See 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:Joe Brown
Agent License 3379572
EPIQUE REALTY, INC.
Agent License 3379572
EPIQUE REALTY, INC.
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #T3518859
Last Updated: 04/15/2024 10:04
MLS #T3518859
Last Updated: 04/15/2024 10:04