5154 Rilke Ln

Port Charlotte, FL 33981
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3 bd, 2 ba | 2,526 sqft | Built in 2024

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List Price
$339,900

Initial Investment

$92,623

Purchase Price

$339,900

Down Payment

25%

Rent

$2,310

Total Return

$258,382

Annualized Return

30.5%

Cap Rate

5.3%

Gross Yield

8.2%

Cash Flow

-$592

Appreciation

12.3%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

9,999

HOA

None

Flood Risk

Not Required

Under Construction. "UNDER CONSTRUCTION" - NOT IN A FLOOD ZONE! This beautiful home will be completed in approximately 45-60 days. The Sunshine 6 Model is a wonderful home design encompassing 3 bedrooms, 2 baths, and an oversized 3-car garage across 1,804 sq. ft. of living space. The open kitchen includes a walk-in pantry, spacious island, breakfast/dining area, and French Doors leading to the lanai. The master bedroom includes a walk-in closet, walk-in shower, and dual sink vanity. The remaining 2 bedrooms are located by a secondary bath which includes a shower/tub combo. The home features cathedral ceilings, wood look tile throughout, granite countertops in the kitchen and bathrooms, recessed lighting, ceiling fans in every room, and stainless steel appliances. The home comes with hurricane/storm shutters. There is no wasted space in this home as it was designed for the discerning buyer who is looking to live the Florida lifestyle. Stop by today to see this beautiful home! PLEASE NOTE - the pictures for this listing are representative of the subject home being constructed. Interior and exterior paint colors, windows, tray ceilings, shingle colors, fans, lights, manufacturer of appliances, interior/cabinet door style, and landscaping are subject to change. Please note the front elevation of the subject home only has one window.

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

Annual Financial Highlights

Expected Rent

$26,334

Expenses

-$3,897

Property Taxes

-$4,550

Loan Payments

-$18,479

Net Cash Flow

-$592

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:John Brennan
Agent License 3250515
COASTAL LIVING REALTY OF MANATEE LLC
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #A4607708
Last Updated: 04/19/2024 10:04
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