17% Cash on Cash returns

Vacation rentals that pencil out.

Author

Ryan Anstett
August 01, 2023

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Largo, FL

Listed by Khairi Salah | Align Right Realty Suncoast

Enjoy this modern property in Florida's Gulf Coast!! This gorgeous Seminole Home is better than a new house. Boasting an enclosed and privet yard, fully screened pool, with easy access to several beaches, plus urban attractions and entertainment in St. Petersburg, Clearwater, and Tampa. Perfect for a growing family, this house offers great size 3 bedroom, and 2 full baths. The spacious living area is beautifully outfitted with stylish modern upgrades, new tile flooring, wood burning fire place, The impressive kitchen comes complete for gourmet meals, featuring granite counter space, New full suite of stainless-steel appliances. Sprawl out on the fully screened patio, enjoying the pool and the outdoor kitchen /Grilling area… Read More.

What I like about this property

Location: You would be hard pressed to find a better location just minutes from the best beaches in the area.

Modern Updates: The updates are modern and trendy and will draw in more guests.

Furniture is negotiable: Nothing better than putting less money in up front to stage your STR. This will maximize your returns and cash flow.

Property Details

  • $799,000

  • 3 Bedrooms/2 Baths

  • Average Daily Rate: $432

  • Occupancy Rate: 72%

Projections

  • Down Payment: $159,800

  • Cash to Close: $205,530

  • Monthly Income: $9,461

  • Monthly Expenses: $6,409

  • Monthly expected cash flow: $3,052

  • Expected cash on cash return: 17.82%

  • Property Value in 10 Years $1,251,551

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