11% Returns by Seminole Lake and Beaches

Pool homes that perform well

Author

Ryan Anstett
August 23, 2023

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Seminole, FL

Listed by Jennifer Hernandez | Keller Williams Tampa Prop.

Welcome to Lake Park!! This beautiful three-bedroom, two-bathroom, two car garage, pool home sits on the biggest lot in the neighborhood. On this side of Lake Park there is no HOA or CDD so bring your boat and store it in the backyard. Before you even step inside you will see that this home has been well cared for and is an outdoor lover’s dream. The backyard is a private oasis with a screened in lanai and pool cage. The saltwater pool has been r...

Property Details

  • $620,000

  • 3 Bedrooms/2 Baths

  • Average Daily Rate: $353

  • Occupancy Rate: 73%

Projections

  • Down Payment: $124,000

  • Cash to Close: $166,150

  • Monthly Income: $7,838

  • Monthly Expenses: $6,309

  • Monthly expected cash flow: $1,529

  • Expected cash on cash return: 11.04%

  • Property Value in 10 Years $971,166

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