7343 Forest Mere Dr

Riverview, FL 33578
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3 bd, 2 ba | 2,727 sqft | Built in 2008

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List Price
$370,000

Initial Investment

$100,825

Purchase Price

$370,000

Down Payment

25%

Rent

$2,510

Total Return

$189,521

Annualized Return

22.5%

Cap Rate

4.5%

Gross Yield

8.1%

Cash Flow

-$4,574

Appreciation

9.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

8,839

HOA

$22/mo

Flood Risk

High Risk - Zone AE

Welcome to your new home, an inviting 3 bedroom, 2 bathroom home that offers the perfect blend of comfort, style, and convenience.
This home features an open floor plan with a large kitchen equipped with ample cabinetry, granite countertops, and a breakfast nook for casual dining. The primary suite is a peaceful retreat featuring a walk-in closet and an ensuite bathroom with dual vanities. The bonus room makes for a versatile space ideal for working from home, creating a playroom, or setting up a cozy reading nook.
Roll out of bed and into your personal gym complete with equipment, rubber floor, portable ac, and insulation added to the attic and door to keep you cool during your workout. Have no fear, you can still park a full sized vehicle when the equipment is folded up. Enjoy your mornings or evenings on the screened lanai, overlooking a fenced backyard—perfect for pets, gardening, or play. Situated just minutes from major highways, including I-75 and the Selmon Expressway, making commutes to downtown Tampa and MacDill Air Force Base a breeze. Explore nearby options such as Westfield Brandon Mall, Publix, and local favorites like Ford’s Garage and Tiki Docks. Stay active with nearby recreational options, including the Alafia River, Riverview Park, and several nature preserves offering hiking, fishing, and kayaking. With some TLC, you can make this the perfect home!

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

Annual Financial Highlights

Expected Rent

$28,614

Expenses

-$5,353

Property Taxes

-$7,720

Loan Payments

-$20,115

Net Cash Flow

-$4,574

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:Sandi Thompson
Agent License 3220643
TAMPA BAY REAL ESTATE PLACE
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #TB8324173
Last Updated: 12/05/2024 00:12
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