| Address |
6810 Amarillo St |
|
Port Richey, FL 34668 |
|
|
| Purchase Price |
$134,900 |
| Beds |
3 |
| Baths |
2 |
| Garage |
1 |
|
|
| Swimming Pool |
No |
| Sq Ft |
1298 heated / 1990 total |
| Year Built |
1971 |
| Flood Zone |
X |
|
|
| Estimated Income & Overheads |
|
| Target Annual Rent |
$13,500 |
| Target Monthly Rent (A) |
$1,125 |
|
|
| Management (8%) |
$1,026 |
| Estimated Taxes |
$1,176 |
| Home Insurance Estimate |
$900 |
| Maintenance Reserves (5%) |
$675 |
| Vacancy Reserves (5%) |
$675 |
| Annual Overheads |
$4,452 |
| Monthly Overheads (B) |
$371 |
|
|
| Est. Net Monthly Income (A-B) |
$754 |
| Est. Net Annual Income |
$9,048 |
| Est. Cash on Cash Return |
6.7% |
|
|
| Building Schematic |
Click here |
| Google Map |
Click here |
| Market Comps |
Click here |
|
|
| Sample Mortgage Calculations |
|
| 80% Mortgage |
$107,920 |
| 20% Down Payment |
$26,980 |
| Cap + int mortgage 30 yrs @ 5% int |
$579 |
|
|
| Net Monthly Income after mortgage |
$175 |
| Est. cash on cash return |
7.8% |
