350 Van Buren St

Fort Myers, FL 33916
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3 bd, 2 ba | 1,641 sqft | Built in 1957

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List Price
$249,600

Initial Investment

$68,016

Purchase Price

$249,600

Down Payment

25%

Rent

$2,000

Total Return

$95,622

Annualized Return

19.1%

Cap Rate

5.6%

Gross Yield

9.6%

Cash Flow

-$584

Appreciation

6.9%
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Features

Lot Size

21,039

HOA

None

Flood Risk

Not Required

Hey Folks !!!! Take a look at this Fantastic opportunity for a 3 bedroom 2 bath home 1 block from the River !!! This property features a HUGE lot, a double carport, A large lanai in the rear, a new roof in 2018, tile floors, a indoor laundry room and a indoor pantry. This home is spacious with over 1600 sqft of living area. Don't forget to click on the link and take a look at the 3D tour and 3D floorplan model. Then come by and take a look at what we have here!!

See more in Analysis
Jennifer Hodson
Vacasa Real Estate
FL Agent License #F3245306
Annual Financial Highlights

Expected Rent

$22,800

Expenses

-$5,664

Property Taxes

-$4,150

Loan Payments

-$13,570

Net Cash Flow

-$584

See more in Financials

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.
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  • Your offer can have an inspection contingency, which allows you to obtain a home inspection in order to review the property's condition.
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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:Robert Hagmann
West Islands Realty Inc
Certified Agent Brokerage:Jennifer Hodson
Vacasa Real Estate
FL Brokerage License CQ1052101
SourceFlorida Gulf Coast MLS
MLS #223021444
Last Updated: 03/18/2023 10:03
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.