1453 Rio de Janeiro Ave

Punta Gorda, FL 33983
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4 bd, 2 ba | 2,738 sqft | Built in 2023

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List Price
$424,999

Initial Investment

$115,812

Purchase Price

$424,999

Down Payment

25%

Rent

$2,440

Total Return

$332,402

Annualized Return

29.8%

Cap Rate

4.1%

Gross Yield

6.9%

Cash Flow

-$5,897

Appreciation

13.4%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

9,480

HOA

$14/mo

Flood Risk

Not Required

$15,000 towards closing when using DHI with promo rate of 5.5% FHA/VA or 5.99% conventional for a June closed home
WELCOME TO YOUR NEW HOME! The Delray floor plan offers a spacious open layout spanning 2,034 square feet. This home includes four bedrooms, two bathrooms, and a three-car garage, located in the charming Deep Creek neighborhood. Enjoy convenient access to nearby shopping, Historic Downtown, and Charlotte Harbor. The home features beautiful plank tile in the main living areas and plush neutral carpet in the bedrooms. Stainless steel kitchen appliances, designer 42" cabinets, and stunning granite countertops add a touch of elegance. Additional features include a brick paver driveway, smart home package, full irrigation system, electric garage door opener, and a full builder's warranty. Experience the joy of owning a new home from "America's Builder" and watch your dream home become a reality. Conveniently located close to dining, shopping and I-75

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

Annual Financial Highlights

Expected Rent

$27,816

Expenses

-$6,758

Property Taxes

-$3,850

Loan Payments

-$23,105

Net Cash Flow

-$5,897

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:Brook Bobo
Agent License 3359483
HOME MATCHMAKING REALTY
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #C7491340
Last Updated: 04/22/2024 19:04
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