2 Great investments near Tampa Bay

Modern Luxury home with 11% returns

Author

Ryan Anstett
September 26, 2023

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Kenneth City, FL

Listed by Jeffrey Clarke | Clarke Realty LLC

This 3-bed, 2.5-bath pool home is a true gem. Electric bill is only $36 a month thanks to PAID OFF solar panels with a warranty. With a circular driveway, stunning pool area, and a powered workshop, this home is truly the full package. The master suite ensures privacy, while the updated kitchen dazzles with stainless steel appliances and premium quartz countertops. The backyard boasts a saltwater pool, patio area, and a separate workshop with ful...

Property Details

  • $479,000

  • 3 Bedrooms/3 Baths

  • Average Daily Rate: $289

  • Occupancy Rate: 65%

Projections

  • Down Payment: $95,800

  • Cash to Close: $135,130

  • Monthly Income: $5,714

  • Monthly Expenses: $4,614

  • Monthly expected cash flow: $1,100

  • Expected cash on cash return: 9.77%

  • Property Value in 10 Years $750,304

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