9436 Downing St
Englewood, FL 34224
List Price
$349,500
Initial Investment
$95,239Purchase Price
$349,500
Down Payment
25%
Rent
$1,840
Total Return
$156,183
Annualized Return
20.3%
Cap Rate
4.3%
Gross Yield
6.3%
Cash Flow
-$4,908
Appreciation
8.9%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
31,500
HOA
None
Flood Risk
High Risk - Zone AE
Nestled on a Serene Street that ends at Lemon Bay, with minimal neighbors. This
Charming Property Situated on .72 ACRES ( 100' x 315' ) presents a RARE
OPPORTUNITY to own a Versatile Home in a Highly Desirable Location. Experience
the Best of Coastal Living with the Sandy Shores of Englewood Beach and World Class
Fishing, Marinas, Boat Ramps, shopping & dining options all just minutes away. Enjoy
peace of mind with a Concrete Block Home that has been Up-Graded & Remodeled
with: Ceramic Tile Floors thru-out, Crown Molding & New Interior Doors. New Metal
Roof & Seamless Gutter installed in 2018, Whole House Replumbed 6-2023, Mini-split
A/C in Main Body of Home 6-2023, Both Bathrooms Completely Remodeled with All
New Fixtures & Decor in the last 3 years, New Hot Water Heater in 2022. The Main
Area of the Home Features a Great Room Style Living/Dining Room that Flows into the Kitchen Area with Real Wood Cabinets, More than Ample Storage and all appliances are included. A fully Remodeled Master Bath & ample Bedroom/ Closet Complete this
Area of the Home. The 12 x 24 Second Bedroom / Bath & Separate Laundry Room has its Own Private Front & Rear Entrance. It Can be your 2nd Bedroom/Bath, In-Law Suite, Possible Rental or For However You Choose. It Has a Great Area to Setup a Mini-
Kitchen ( Frig is Included ). Large Private Wooded & Fenced Property Offers More than Enough Area for RV & Boat Storage and a Safe Area for Pets. The Serene & Spacious Backyard has a Great Covered Patio, Fruit Trees, Fire Pit and Views of the Wooded Area Around You!
See more in Analysis
Jeff Wills
Sefair Investments, Inc
FL Agent License #BK3326417
Annual Financial Highlights
Expected Rent
$20,976Expenses
-$3,734Property Taxes
-$3,150Loan Payments
-$19,001Net Cash Flow
-$4,908See 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.
Similar Listings
Listing Courtesy of:Douglas Addeo
COMMUNITY REALTY ASSOCIATES
COMMUNITY REALTY ASSOCIATES
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #T3513432
Last Updated: 03/22/2024 13:03
MLS #T3513432
Last Updated: 03/22/2024 13:03