21362 Meehan Ave

Port Charlotte, FL 33952
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3 bd, 2 ba | 1,941 sqft | Built in 1961

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List Price
$250,000

$20K

Initial Investment

$68,125

Purchase Price

$250,000

Down Payment

25%

Rent

$1,760

Total Return

$142,315

Annualized Return

24.0%

Cap Rate

4.3%

Gross Yield

8.4%

Cash Flow

-$3,754

Appreciation

10.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

7,500

HOA

None

Flood Risk

Not Required

RATES RANGING FROM 5.5% to 5.99% FINANCING AVAILABLE WITH 5% DOWN TO QUALIFIED BUYERS WITH OUR PREFERED LENDER! Brand new roof to be installed. This home has a total of 3 beds and 2 baths, 2/1 on the main house and 1/1 entrance through the garage which is perfect for In-law suite or separate rental unit. The 2 bathrooms are updated, the kitchen is also updated with granite counters and stainless appliances. The AC was replaced in 2019. Tile floors through out. The 2-car tandem garage is huge! It can fit two cars and still have enough space for all your tools and a small work shop. NO HOA and Investor friendly!

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

Annual Financial Highlights

Expected Rent

$20,064

Expenses

-$5,326

Property Taxes

-$4,900

Loan Payments

-$13,591

Net Cash Flow

-$3,754

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:Hanh Dinh
SODI REAL ESTATE LLC
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #G5080148
Last Updated: 04/16/2024 13:04
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