5304-5306 29th St SW Lehigh Acres, FL 33973
6bd, 4ba | 2,166sqft | Built in 2003
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Initial Investment
$206,805
List Price: $199,000
Purchase Price
$199,000
Down Payment
100%
Rent
$1,600

Total Return
$72,880
Annualized Return
6.7%
Cap Rate
4.3%
Gross Yield
9.6%
Cash Flow
$7,896
Appreciation
4.5%
Features
Roofstock Certified
Occupancy
Occupied
Lease Start
04/05/2013 
Lease End
05/31/2019 
Property Type
Duplex
Lot Size
12,206 
HOA
None
Flood Risk
Not Required
  • All units are currently occupied

Annual Financial Highlight
Expected Rent
$18,240
Expenses
-$6,644
Property Taxes
-$3,700
Loan Payments
$0

Net Cash Flow
$7,896
Considerations
Property Characteristics    View Details


Inspection Contingency
This option lets the buyer specify that the home be inspected within a specific time period, during which the buyer can negotiate price or repairs based on the inspector’s findings or cancel the contract. Prior inspection reports may be available in the diligence documents. In some instances, the property has an inspection report from more than 4 months ago and needs an updated inspection.
  • The seller may be more willing to negotiate with a buyer in contract.
  • Opportunity to negotiate a lower price or repairs if any issues are discovered during the inspection process.
  • Ability to have the earnest money deposit refunded if the transaction is cancelled before the inspection contingency termination date.

Property Management   

Why choose?

From repairs and maintenance to communicating with tenants, our certified property management teams protect your assets and keep things running smoothly.

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