Description
SOLD. Beautifully renovated 3 bed 2 bath property with an oversize 1 car garage.
| Address | 4936 Bola St |
| New Port Richey, FL 34652 | |
| Purchase Price | $119,900 |
| Beds | 3 |
| Baths | 2 |
| Garage | 2 car garage (1 car door) |
| Swimming Pool | No |
| Sq Ft | 1252 heated / 2154 total |
| Year Built | 1971 |
| Flood Zone | X |
| Estimated Income & Overheads | |
| Target Annual Rent | $13,800 |
| Target Monthly Rent (A) | $1,150 |
| Management (8%) | $1,049 |
| Estimated Taxes | $1,140 |
| Home Insurance Estimate | $950 |
| Maintenance Reserves (5%) | $690 |
| Vacancy Reserves (5%) | $690 |
| Annual Overheads | $4,519 |
| Monthly Overheads (B) | $377 |
| Est. Net Monthly Income (A-B) | $773 |
| Est. Net Annual Income | $9,281 |
| Est. Cash on Cash Return | 7.7% |
| Sample Mortgage Calculations | |
| 80% Mortgage | $95,920 |
| 20% down payment | $23,980 |
| Cap + int mortgage 30 yrs @ 5% int | $515 |
| Net Monthly Income After Mortgage | $258 |
| Est. Cash on Cash Return | 12.9% |
| Building Schematic | Click here |
| Google Map | Click here |