12603 Midpointe Dr

Riverview, FL 33578
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3 bd, 2 ba | 2,381 sqft | Built in 2000

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List Price
$399,900

Initial Investment

$108,973

Purchase Price

$399,900

Down Payment

25%

Rent

$2,330

Total Return

$193,268

Annualized Return

21.2%

Cap Rate

3.9%

Gross Yield

7.0%

Cash Flow

-$7,107

Appreciation

9.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

5,250

HOA

None

Flood Risk

Not Required

Beautiful POOL HOME, with spectacular Water View! These 4 beds and 2 bath home sit with 1900 sq ft of living space a 2 car garage and ample living space for you guests and family. With the roof being fairly new= with only 7 years, you will not have put any effort in maintaining this property for years to come.

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Jeff Wills
Sefair Investments, Inc
FL Agent License #BK3326417

Annual Financial Highlights

Expected Rent

$26,562

Expenses

-$4,728

Property Taxes

-$7,200

Loan Payments

-$21,741

Net Cash Flow

-$7,107

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:Spencer Higgins
Agent License 3258841
SAX FLORIDA REAL ESTATE
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #TB8322770
Last Updated: 11/19/2024 17:11
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.