2941 Banana Palm Dr

Kissimmee, FL 34747
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4 bd, 3 ba | 1,902 sqft | Built in 2015

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For Sale

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List Price
$469,000

$20K

Initial Investment

$197,449
Pre-approval letter or proof of funds required.

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about the purchase process.

Purchase Price

$469,000

Down Payment

40%

Estimated daily rent & occupancy


$

 per day x 
 days
Estimated average rent per year
$39,105

Total Return

$132,265

Annualized Return

10.2%

Cap Rate

2.7%

Gross Yield

8.3%

Cash Flow

-$8,790

Appreciation

6.8%
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Features

Occupancy

Vacant

Property Type

Townhouse

Lot Size

2,178

HOA

$565/mo

Flood Risk

Not Required

INVESTOR, are you searching for the right property to start your Airbnb business or want to increase your portfolio?! Come see this beautiful townhome in the sought-after and well-known community of Paradise Palm! The proximity to Disney, restaurants and shopping makes this place rentable year-round, so it is the perfect investment for short-term rentals! This FULLY FURNISHED AND EQUIPPED 4/3 home is in the newer section of the community and features white kitchen cabinets, granite countertops and stainless steel appliances. An open floor plan and a nice pool area make it extra inviting for families or groups of friends looking for a comfortable stay in the Orlando area, and they will surely appreciate the amenities in the community, just check out the pictures! Don't hesitate to ask any questions and schedule your showing today!

See more in Analysis
Peter Leerdam
Leerdam Properties, Inc.
FL Agent License #BK3051742

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Annual Financial Highlights

Expected Rent

$39,105

Expenses

-$23,047

Property Taxes

-$4,450

Loan Payments

-$20,398

Net Cash Flow

-$8,790

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.
Listing Courtesy of:Antonio Lucas Cardoso Desmarais
TALENT REALTY SOLUTIONS
Certified Agent Brokerage:Peter Leerdam
Leerdam Properties, Inc.
FL Brokerage License CQ1016446
SourceStellar MLS
MLS #O6064100
Last Updated: 11/18/2022 15:11
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.