25608 Heritage Lake Blvd

Punta Gorda, FL 33983
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2 bd, 2 ba | 1,818 sqft | Built in 2006

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List Price
$274,900

Initial Investment

$74,910

Purchase Price

$274,900

Down Payment

25%

Rent

$2,080

Total Return

$213,709

Annualized Return

29.6%

Cap Rate

4.3%

Gross Yield

9.1%

Cash Flow

-$4,123

Appreciation

13.4%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

6,723

HOA

$100/mo

Flood Risk

Not Required

Well maintained villa in the fantastic gated community of Heritage Lakes Park. 2 bedrooms, 2 baths offering a bonus room to be used for a den, office, etc. Large kitchen with updated appliances and a breakfast bar along with a pantry. Attached 2 car garage and washer/dryer hookup. Freshly painted interior with new carpeting. The kitchen and baths have large ceramic tile. Newer roof and HVAC. The community offers, tennis/pickleball courts, fitness center, heated pool and a stunning clubhouse. Enjoy fishing at the lake. Please catch and release. Plenty to do in the gated community. Golf carts are allowed. Easy access to Route 75 and major roads for amenities this area has to offer.

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Jeff Wills
Sefair Investments, Inc
FL Agent License #BK3326417

Annual Financial Highlights

Expected Rent

$23,712

Expenses

-$5,440

Property Taxes

-$7,450

Loan Payments

-$14,945

Net Cash Flow

-$4,123

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:Augusta Skelly
Agent License 3413244
RE/MAX REALTY TEAM
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #A4609076
Last Updated: 05/01/2024 21:05
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