18113 Cochran Blvd

Port Charlotte, FL 33948
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2 bd, 1 ba | 1,183 sqft | Built in 1975

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List Price
$159,900

Initial Investment

$43,573

Purchase Price

$159,900

Down Payment

25%

Rent

$1,840

Total Return

$112,089

Annualized Return

31.9%

Cap Rate

8.3%

Gross Yield

13.8%

Cash Flow

$3,788

Appreciation

9.6%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

10,518

HOA

None

Flood Risk

Not Required

Opportunity is Knocking, Located directly across from the High school Ball Field with County Water, NO HOA & NOT in a flood zone (Flood Zone X), this property needs some work but would be a great project home with a lot of potential. There is a possible 3rd bedroom available in the front of home with a separate entrance as well as a large backyard with an oversized deck/patio with plenty of room for a pool. Offers from Owner occupied and nonprofit buyers only for the first 31 days. Investor offers will be reviewed starting day 32. Sellers will review offers after the property has been on the market 7 days.

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

Annual Financial Highlights

Expected Rent

$20,976

Expenses

-$5,785

Property Taxes

-$2,710

Loan Payments

-$8,693

Net Cash Flow

$3,788

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:Bryan French
Agent License 3462354
RE/MAX PALM REALTY
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #C7491056
Last Updated: 04/10/2024 18:04
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