15049 Lyla Ter

Bradenton, FL 34211
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3 bd, 3 ba | 2,274 sqft | Built in 2023

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List Price
$359,000

Initial Investment

$97,828

Purchase Price

$359,000

Down Payment

25%

Rent

$2,620

Total Return

$121,215

Annualized Return

16.8%

Cap Rate

4.5%

Gross Yield

8.8%

Cash Flow

-$3,634

Appreciation

6.8%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Property Type

Townhouse

Lot Size

4,522

HOA

$414/mo

Flood Risk

Not Required

This show stopper townhouse is an end unit with open space adjacent to the building. Nestled in Lakewood Ranch masterplan, Lorraine Lakes is a gated community with collections of townhomes, villas and single family homes. Lorraine Lakes offers a variety of popular amenities, such as an aerobics studio, indoor basketball court, clubhouse, fitness center, 3 pools, steam saunas, hot tub and a poolside grill/restaurant. This 1874 square foot townhomes under air features an attached one-car garage and is an end unit with an amazing pond view. The home features a gourmet kitchen with granite countertops, stainless steel appliances and a gas range. There are 3 bedrooms, 2 full baths and 1 half-bath downstairs. The townhome is block construction, has hurricane protection for all windows, a complete Ring security system, including ring alarm, base station, motion detector, smoke alarm and video doorbell. The upstairs carpet was replaced with luxury vinyl flooring. No one has lived in the unit since the flooring was replaced. The interior of the town house has been painted with Linen paint and all doors and baseboards are freshly painted as well. Lakewood Ranch features parks, local medical facilities, farmer markets, hiking and biking trails, Polo fields and excellent restaurants. Lakewood Ranch enjoys easy access to world class beaches, high-end shopping and the cultural venues of downtown Sarasota.

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

Annual Financial Highlights

Expected Rent

$29,868

Expenses

-$9,385

Property Taxes

-$4,600

Loan Payments

-$19,517

Net Cash Flow

-$3,634

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:Kimberly Colgate
Agent License 3237821
PRIVATE WEALTH REALTY INC
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #A4631215
Last Updated: 12/05/2024 00:12
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