5446 Riley Ln

Port Charlotte, FL 33981
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4 bd, 2 ba | 2,694 sqft | Built in 1974

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List Price
$330,000

Initial Investment

$89,925

Purchase Price

$330,000

Down Payment

25%

Rent

$2,010

Total Return

$229,083

Annualized Return

27.5%

Cap Rate

4.3%

Gross Yield

7.3%

Cash Flow

-$4,680

Appreciation

12.3%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

20,000

HOA

$6/mo

Flood Risk

Not Required

Own a peace of paradise with this oversized lot in Gulf Cove! This is a single-family home with 4 bedrooms, 2 bathrooms, which was recently renovated. Kitchen has been updated with granite countertops and stainless-steel appliances. Both bathrooms had face lifts as well with granite vanity tops, and updated shower/tub surrounds. Tile throughout except in bedrooms, which have wood flooring. Newer AC system installed, with all new windows throughout to help with energy cost. A large fenced in backyard, with a nice open patio to overlook the greenery. Only a few minutes away from a private boat ramp with a low annual fee for your boating pleasure. Don't miss this opportunity, take a look today!

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

Annual Financial Highlights

Expected Rent

$22,914

Expenses

-$6,604

Property Taxes

-$3,050

Loan Payments

-$17,941

Net Cash Flow

-$4,680

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:Jean Leach
Agent License 550231
FLORIDA WEST COAST REALTY, INC
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #D6136167
Last Updated: 04/20/2024 12:04
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