19788 Midway Blvd

Port Charlotte, FL 33948
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3 bd, 2 ba | 2,176 sqft | Built in 1983

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List Price
$325,000

Initial Investment

$88,563

Purchase Price

$325,000

Down Payment

25%

Rent

$2,020

Total Return

$152,147

Annualized Return

20.5%

Cap Rate

3.7%

Gross Yield

7.5%

Cash Flow

-$6,556

Appreciation

9.6%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

10,000

HOA

None

Flood Risk

Not Required

Charming FENCED 3/2 property with a split floor plan in the Residential side of Midway, 2 car garage. NO HOA, NO DEED RESTRICTIONS + PUBLIC WATER & SEWER. This home features cathedral ceilings fitted with stylish wood beams, shiplap plank wall and a wood-burning fireplace. The galley kitchen comes with all stainless-steel appliances, plenty of storage space, concrete mix countertops + an on-suite dinette. The spacious primary bedroom has a big walk-in closet and a recently remodeled on-suite bathroom. Tile floors throughout the property. Generator ready plug. IMPACT WINDOWS, NEW AC & DUCTWORK 2023. Updated red rock landscaping. Centrally located in town close to shopping, restaurants and medical offices/hospitals. Minutes away from Kiwanis Park that features dog friendly walking trails. YOU WILL NOT WANT TO MISS THIS ONE!

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

Annual Financial Highlights

Expected Rent

$23,028

Expenses

-$6,065

Property Taxes

-$5,850

Loan Payments

-$17,669

Net Cash Flow

-$6,556

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:Daniel Lancour
Agent License 3537405
ERA ADVANTAGE REALTY, INC.
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #C7490972
Last Updated: 04/22/2024 18:04
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