950 Lake Berkley Drive Kissimmee, FL 34746
Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.
Are you looking for a permanent residence or a short-term vacation rental home? Either way, this home offers the best of both worlds! A beautiful 6 bedroom, 3.5 bath, fully furnished 2 story home located in one of the most popular gated communities offers 24 hour manned security, and many other amenities. When purchasing the home in December 2015, the home had just been through a significant remodel, new ceramic tile on the 1st floor, new laminate floors on the 2nd floor, new appliances, chandelier, granite countertops in the kitchen and bathrooms. Additional improvements made by the current owners are as follows: Windows film coating (06/16), new A/C unit (09/16), resurfacing of pool (11/16), new pool heater (08/17), and roof replacement (10/17). The home has been successfully used as a short-term rental and the financial information for each year is as follows: 2016 – Gross income of $41,618 (for 10 months) – Expenses of $26,116 (for entire year) – Net yearly income of $15,509. 2017 – Gross income of 51,080 – Expenses of $25,234 – Net yearly income of $25,846. 2018 – Gross income of $50,096 – Expenses of $24,996 – Net yearly income of $25,100. 2019 – Gross income of $40,012 – Expenses of $28,339 – Net yearly income of $11,673. 2020 – Gross income of $29,510 – Net yearly income of $6,715. (loss in income for 2019 & 2020 were a result of Covid) 2021 – Gross income of $47,400 – Expenses of $27,279 – Net yearly income of $20,121. Bookings are already in place for 2022 and can transfer to the new owner should they decide to utilize the short-term rental program. Everything is in place and ready to go for the perfect buyer whether it be as an investment or as a permanent residence! Go for it now!!!
|2 weeks ago||Listing updated with changes from the MLS|
|2 weeks ago||Status changed to Pending|
|2 months ago||Listing first seen online|