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$330,000

For Sale - Active
13193 Paxton Ave, Weeki Wachee, FL 34614
3 Beds
2 Baths
1,569 Square Feet
0.46 Acres Lot
Built in 2021
For Sale - Active
1 Units
Checked: 16 hours ago
Updated: Jun 03, 2025 at 03:38AM

Investment Summary


Monthly Cash Flow
-$395
Cap Rate
4.7%
Cash-on-Cash Return
-6.2%
Debt Coverage Ratio
0.77
Internal Rate of Return (5 years)
-2.1%

Property Description


0.46 Acres Lot
Built in 2021
For Sale - Active
1 Units

Welcome home to this ONE OWNER, lovely 2021 abode located in one of the most central and quiet neighborhoods in Hernando County. Situated on a gorgeous 1/2 acre lot, this home is ideal for privacy and tranquility! Walking up be greeted with a charming porch and entryway that leads you into an inviting oversized living room showcasing the open concept, natural light and high ceilings! The dining room sits right off the living space that backs up to the kitchen, with an eat in area, lots of natural light, a large granite breakfast bar— with lots of cabinets, counter space and is open to all the shared living spaces— great for entertaining! Off the dining space are sliders that lead you to the lanai area— this space is all you can ask for, to truly enjoy indoor/outdoor living! This space showcases your large property and privacy. Back inside, tucked behind the kitchen you will find two spare bedroom, both comfortably sized and with great closet space! The spare bathroom features a shower/tub combo, granite countertops and extra storage! In the back of the house, excellent for additional peace, is the owner's retreat. This grand space is perfect for larger furniture, high ceilings, a walk in closet and an attached en suite— with double vanities and a stand-alone shower! Other great features about this property? Since it was built in 2021, you have newer AC, roof, electrical and water heater! This perfect home is everything you need, just need to move your life in! Sitting minutes away from all Hernando has to offer— shopping, eateries, hospitals and activities are within a few minute drive! This property will not last long! Call today for your private showing!

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Location


Property Details


Parking

  • Description: Garage
  • Details: Attached
  • Garage Spaces: 2
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 3

Bathroom Information

  • # of Baths (Full): 2
  • # of Baths (Total): 2.0

Interior Features

  • # of Rooms: 5
  • # of Stories: 1

Exterior Features

  • Exterior Walls Materials: Stucco
  • Foundation: Slab
  • Roof Type: Gable or Hip
  • Roof Material: Shingle

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: R0122117333002530120
  • Lot Size: 20000 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: Contemporary
  • Year Built: 2021

Tax Information

  • Annual Tax: $3,509

Utilities

  • Water & Sewer: Private, Well
  • Heating: Central
  • Cooling: Central Air

Location

  • County: Hernando

Listing Details


Listed by:
Justine Zodda, PA
PEOPLE'S TRUST REALTY
(352) 428-3795

Source:
Stellar MLS
MLS#: TB8376417
Stellar MLS

Investment Summary


Monthly Cash Flow
-$395
Cap Rate
4.7%
Cash-on-Cash Return
-6.2%
Debt Coverage Ratio
0.77
Internal Rate of Return (5 years)
-2.1%

Purchase Details

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Purchase price:
$330,000
Amount financed:
-$264,000
Down payment:
$66,000
Closing costs:
$9,900
Rehab costs:
$0
Initial cash invested:
$75,900
Square feet:
1,569
Cost per square foot:
$210
Monthly rent per square foot:
$1.47

Financing Details

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Loan amount:
$264,000
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.625%
Principal & interest:
$1,690
Property tax:
$292
Insurance:
$161
Private mortgage insurance (PMI):
$0
Monthly payment:
$2,143

Operating Income

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% Rent Monthly Yearly
Gross rent:
$2,300 $27,600
Vacancy loss: (6%)
6% -$138 -$1,656
Operating income:
$2,162 $25,944

Operating Expenses


% Rent Monthly Yearly
Property taxes: (13%)
13%-$292-$3,509
Insurance: (7%)
7%-$161-$1,932
Property management: (8%)
8%-$184-$2,208
Repairs & maintenance: (5%)
5%-$115-$1,380
Capital expenditures: (5%)
5%-$115-$1,380
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (38%)
38%-$867-$10,409

Cash Flow


Monthly Yearly
Net operating income:
$1,295 $15,540
Mortgage payments:
-$1,690 -$20,280
Cash flow:
$395 $4,740