8727 Saint Regis Lane, Port Richey, FL 34668

$110,900
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Description

This is a terrific 3 bed 2 bath 1 car garage pool home with 1212 sq ft of living space plus a spacious porch and garage. A significant $25,000+ renovation will shortly begin which will include a new roof, new HVAC, new flooring, paint inside and out, upgrades to the pool area, new kitchen appliances, new master bathroom and general landscaping.

Address 8727 St Regis Ln
Port Richey, FL 34668
Purchase Price $110,900
Beds 3
Baths 2
Garage garage & pool
Sq Ft 1212 heated / 1905 total
Year Built 1978
Flood Zone X500
Estimated Income & Overheads
Target Annual Rent $13,500
Target Monthly Rent (A) $1,125
Management (8%) $1,026
Estimated Taxes $1,200
Home Insurance Estimate $1,100
Maintenance Reserves (5%) $675
Vacancy Reserves (5%) $675
Annual Overheads $4,676
Monthly Overheads (B) $390
Est. Net Monthly Income (A-B) $735
Est. Cash on Cash Return 8.0%
Sample Mortgage Calculations
20% down payment $22,180
Cap + int mortgage 30 yrs @ 5% int $481
Net Monthly Income After Mortgage $254
Est. Cash on Cash Return 13.8%

 

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