20158 Gladstone Ave

Port Charlotte, FL 33952
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2 bd, 2 ba | 1,836 sqft | Built in 1974

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List Price
$269,900

Initial Investment

$73,548

Purchase Price

$269,900

Down Payment

25%

Rent

$1,970

Total Return

$160,492

Annualized Return

25.2%

Cap Rate

4.7%

Gross Yield

8.8%

Cash Flow

-$2,762

Appreciation

10.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

11,740

HOA

None

Flood Risk

Not Required

Check out this updated 3 bedroom home in the heart of Port Charlotte! So much new or newer… in/out paint, wood look tile, updated kitchen, 2023 Roof, 2022 water heater, updated bathrooms and more! Bright kitchen features stainless steel stove, dishwasher and microwave with granite countertops and subway tile backsplash. Two spacious secondary bedrooms share an updated bathroom with new vanity, lighting and shiplap detail. Primary suite features a walk-in closet with updated bathroom with updated vanity, shower stall and shiplap as well. Outside you will have plenty of space with a large fenced lot and room for parking all your “toys” on the additional parking pad. This move in ready home is conveniently located near a variety of amenities, including shopping, restaurants, golf courses, fishing spots, and the charming historic district of Punta Gorda, as well as Gulf Beaches. Don't miss the opportunity to start living the Southwest Florida lifestyle – Schedule to see this today!

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

Annual Financial Highlights

Expected Rent

$22,458

Expenses

-$5,647

Property Taxes

-$4,900

Loan Payments

-$14,673

Net Cash Flow

-$2,762

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:Rob Jones
Agent License 3372023
OFFERPAD BROKERAGE FL, LLC
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #T3518280
Last Updated: 04/17/2024 10:04
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