7130 Mayfield Drive, Port Richey, FL 34668

$89,900
  Print

Description

SOLD. This is a 3 bed 1 bath with a 1 car garage available to reserve for $89,900. This price includes an $25k+ renovation with a new roof, AC, floors, paint and major updates to kitchen and bathroom. Estimated monthly rent is $975 and cash on cash returns of 8.5%. This Jasmine Estates area is one of our most popular locations and we have a lot of experience in these subdivisions.

 

Address 7130 Mayfield Dr
Port Richey, FL 34668
Purchase Price $89,900
Beds 3
Baths 1
Garage 1 car garage
Sq Ft 1040 heated / 1574 total
Year Built 1974
Flood Zone X
Estimated Income & Overheads
Target Annual Rent $11,700
Target Monthly Rent (A) $975
Management (8%) $889
Estimated Taxes $1,006
Home Insurance Estimate $1,000
Maintenance Reserves (5%) $585
Vacancy Reserves (5%) $585
Annual Overheads $4,065
Monthly Overheads (B) $339
Est. Net Monthly Income (A-B) $636
Est. Cash on Cash Return 8.5%
Sample Mortgage Calculations
20% down payment $17,980
Cap + int mortgage 30 yrs @ 5% int $386
Net Monthly Income After Mortgage $250
Est. Cash on Cash Return 16.7%
Market Comps Click here
Building Schematic Click here

Location

Share This Property

Share

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

Enquiry Form

First Name*

Last Name*

Email*

Phone Number*

Where are you based?*

Comments

Loading...

Enquiry Form

First Name*

Last Name*

Email*

Phone Number*

Where are you based?*

Comments