304 45th St NW

Bradenton, FL 34209
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3 bd, 2 ba | 8,428 sqft | Built in 1980

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List Price
$399,900

Initial Investment

$108,973

Purchase Price

$399,900

Down Payment

25%

Rent

$2,360

Total Return

$205,620

Annualized Return

22.8%

Cap Rate

4.6%

Gross Yield

7.1%

Cash Flow

-$4,226

Appreciation

9.6%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

8,429

HOA

None

Flood Risk

Not Required

Great location on oversized corner lot. Near Manatee River and Anna Maria Island but in a no flood zone! Close to shopping, beaches and entertainment! NO HOA! Three bedroom 2 bath fixer up. Tile and laminate floors. Living room has fireplace. Great project for a family. Needs TLC.
The first 5 pictures are from May 2024 taken by owner for insurance company. The second 5 pictures are with hurricane debris in yard, harder to see house.

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NEIGHBORHOOD

SCHOOLS

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Jeff Wills
Sefair Investments, Inc
FL Agent License #BK3326417

Annual Financial Highlights

Expected Rent

$26,904

Expenses

-$4,789

Property Taxes

-$4,600

Loan Payments

-$21,741

Net Cash Flow

-$4,226

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

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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:Eric Emmerling
Agent License 3549281
EXP REALTY LLC
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #A4627755
Last Updated: 11/19/2024 11:11
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