Mansion on the coast Great Income

8%-12% Cash on Cash Returns on 3 properties

Author

Ryan Anstett
September 07, 2023

  • Do you have a Vacation Rental you want to market? Connect with us to get in front of our list of investors.

Today’s Featured Home. Subscribe for details!

To access property address’, contact information and all of today’s opportunities. Upgrade for details! For a free 30 Min consultation call Click Here.

Kenneth City, FL

Listed by Meredith Johnson | Realty Experts

Don't miss out on this one of a kind custom remodeled POOL home on a very quiet street just minutes from Downtown St. Pete!! This spacious three bedroom, two bath property has been meticulously maintained and beautifully remodeled. Enjoy his split plan with plenty of room for family, guests or just mom and dad. The farmhouse style kitchen has new custom designed self closing cabinets with luxurious granite countertops, brick backsplash and trim a...

Property Details

  • $479,900

  • 3 Bedrooms/2 Baths

  • Average Daily Rate: $258

  • Occupancy Rate: 79%

Projections

  • Down Payment: $95,980

  • Cash to Close: $140,328

  • Monthly Income: $6,200

  • Monthly Expenses: $4,714

  • Monthly expected cash flow: $1,486

  • Expected cash on cash return: 12.70%

  • Property Value in 10 Years $759,546

Subscribe to The Wanderlist for more details.

Become a paying subscriber of The Wanderlist to get access to the full post and other subscriber-only content for the cost of a cup of coffee/month.

Upgrade to get:

  1. The full list of the best daily deals. Including Addresses and a complete done for you list of vendors.

  2. Professional network to lay the groundwork for a Done For You Short term Rental Business

  3. Short Term Rental Consultation. 1Hr. deep dive ($150) Complimentary with Yearly subscription.

Subscribe to Premium to read the rest.

Become a paying subscriber of Premium to get access to this post and other subscriber-only content.

Already a paying subscriber? Sign In.