2335 Penguin Ln

North Port, FL 34286
image0

3 bd, 2 ba | 2,220 sqft | Built in 2002

slider image
slider image
slider image
List Price
$289,000

Initial Investment

$78,753

Purchase Price

$289,000

Down Payment

25%

Rent

$2,030

Total Return

$160,745

Annualized Return

24.4%

Cap Rate

5.1%

Gross Yield

8.4%

Cash Flow

-$1,939

Appreciation

9.9%
refreshReset to Default
Edit Assumptions
Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

10,000

HOA

None

Flood Risk

Not Required

Quant 3 bedroom, 2 bathroom home with a new roof, fresh paint (inside and outside), fresh paint on the garage floor, and driveway, and newer stainless steel appliances. This property has a split floor plan with 2 guest bedrooms with newer laminate flooring. The living area and bathrooms have tile flooring. There is an indoor laundry room, and a laundry sink in the garage. The Primary bedroom has a walk-in closet and shower, and the guest bathroom has a shower/ tub combination. There are blinds on all the windows. There is a screened entryway and enormous screened in Lanai with double fans, wood ceiling, and wood burning fireplace. In addition, there is a under roof patio with a concrete floor that is newly pained. Bring your boat, as there is an oversized driveway to accommodate multiple vehicles or a boat. There is also a (9 x 8) shed for additional storage of yard tools. The A/C is a 2009 and the Hot water heater is a 2016. The electric panel is a Square D. Make your appointment today to see this lovely home!

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

Annual Financial Highlights

Expected Rent

$23,142

Expenses

-$4,119

Property Taxes

-$5,250

Loan Payments

-$15,712

Net Cash Flow

-$1,939

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.

Similar Listings



Listing Courtesy of:Mark Radcliffe
Agent License SL3496988
M R REALTY & INVESTMENT LLC
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #D6137491
Last Updated: 07/26/2024 11:07
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.