8828 San Pablo Ave

North Port, FL 34287
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3 bd, 2 ba | 2,024 sqft | Built in 1979

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List Price
$287,900

$10K

Initial Investment

$78,453

Purchase Price

$287,900

Down Payment

25%

Rent

$1,930

Total Return

$154,789

Annualized Return

22.9%

Cap Rate

4.1%

Gross Yield

8.0%

Cash Flow

-$4,792

Appreciation

10.4%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

7,500

HOA

None

Flood Risk

Not Required

Seller will pay up to 2% of buyer's closing costs. RENOVATED three bedroom, two bath home in a great City of North Port location. Walking distance to world famous WARM MINERAL SPRINGS, within a five minute drive to Glenallen Elementary School, Heron Creek Middle School, North Port High School, the North Port Aquatic Park, City Hall, a Publix shopping center and a neighborhood Walmart. The home is on CITY water and sewer. The home has a new roof, A/C, kitchen appliances, interior and exterior paint and new flooring in the main living areas. Easy to see. It is vacant on lockbox. Seller will help with buyer's closing costs.

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

Annual Financial Highlights

Expected Rent

$22,002

Expenses

-$5,742

Property Taxes

-$5,400

Loan Payments

-$15,652

Net Cash Flow

-$4,792

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:Zena Johnson
BRIGHT REALTY
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #A4607169
Last Updated: 05/03/2024 23:05
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