860 Kennwood Ter NW

Port Charlotte, FL 33948
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3 bd, 2 ba | 2,116 sqft | Built in 1980

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List Price
$280,000

Initial Investment

$76,300

Purchase Price

$280,000

Down Payment

25%

Rent

$2,040

Total Return

$150,639

Annualized Return

23.8%

Cap Rate

5.1%

Gross Yield

8.7%

Cash Flow

-$1,964

Appreciation

9.6%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

10,000

HOA

None

Flood Risk

Not Required

PORT CHARLOTTE: Welcome to this 3-bedroom, 2-bathroom home nestled in the heart of Port Charlotte. Boasting a 2-car garage and a convenient layout, this property offers both comfort and functionality for modern living. NEW Roof 2023.
As you step inside, you're greeted by an open living room/dining room concept, featuring luxury vinyl flooring that adds a touch of contemporary living to the space. The galley kitchen features wood cabinets and Stainless Steel Appliances, providing ample storage space for culinary adventures.
The split bedroom layout ensures privacy, with the primary bedroom situated away from the guest bedrooms. The primary bedroom boasts an en-suite bath with a walk-in shower and a spacious walk-in closet, offering a retreat at the end of the day.
An enclosed lanai provides additional interior living space, perfect for enjoying the Florida weather year-round. Outside, the expansive backyard offers plenty of space for a pool, firepit, or other outdoor activities, allowing you to create your own personal oasis.
With quick access to US41, shopping, and restaurants, this home offers convenience at your fingertips. Whether you're commuting to work or exploring the vibrant local scene, you'll appreciate the central location and easy accessibility.
Don't miss out on this great opportunity to own your dream home in Port Charlotte. With its desirable features and prime location, this property won't last long. NEW garage door scheduled for April 2023. Schedule a showing today and make it yours! *PLEASE ENJOY THE 3D INTERACTIVE TOUR*

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

Annual Financial Highlights

Expected Rent

$23,256

Expenses

-$6,048

Property Taxes

-$3,950

Loan Payments

-$15,222

Net Cash Flow

-$1,964

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:Denise Henry
RE/MAX ANCHOR REALTY
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #C7490782
Last Updated: 04/06/2024 18:04
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.