8020 Lotus Dr, Port Richey, FL34668

$125,600
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Description

Great property on a quiet corner lot with a stunning lake view.

Address 8020 Lotus Dr
Port Richey, FL 34668
Sales Price $125,600
Beds 2
Baths 2
Garage 1
Swimming Pool No
Sq Ft 1096 heated / 1658 total
Year Built 1971
Flood Zone X
Estimated Income & Overheads
Target Annual Rent $12,900
Target Monthly Rent (A) $1,075
Management (8%) $980
Estimated Taxes $1,460
Home Insurance Estimate $900
Maintenance Reserves (5%) $645
Vacancy Reserves (5%) $645
Annual Overheads $4,630
Monthly Overheads (B) $386
Est. Net Monthly Income (A-B) $689
Est. Net Annual Income $8,270
Est. Cash on Cash Return 6.6%
Sample Mortgage Calculations
75% Mortgage $100,480
25% Down Payment $25,120
Cap + int mortgage 30 yrs @ 5.25% int $558
Net Monthly Income after mortgage $131
Building Schematic Click here
Google Map Click here
Market Comps Click here

Location

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