7235 Astor Drive, New Port Richey, FL 34652

$109,900
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Description

SOLD. This is a 3 bed 1.5 bath property with a 1 car garage in a really nice part of New Port Richey. Significant renovations are currently underway and we expect this home to rent for $1,100 per month. Available to reserve today for $109,900 providing estimated cash on cash returns of 7.6%.

 

Address 7235 Astor Dr
New Port Richey, FL 34652
Purchase Price $109,900
Beds 3
Baths 1.5
Garage 1 car garage
Sq Ft 1235 heated / 1860 total
Year Built 1969
Flood Zone AE
Estimated Income & Overheads
Target Annual Rent $13,200
Target Monthly Rent (A) $1,100
Management (8%) $1,003
Estimated Taxes $1,463
Home Insurance Estimate $1,100
Maintenance Reserves (5%) $660
Vacancy Reserves (5%) $660
Annual Overheads $4,886
Monthly Overheads (B) $407
Est. Net Monthly Income (A-B) $693
Est. Cash on Cash Return 7.6%
Sample Mortgage Calculations
20% down payment $21,980
Cap + int mortgage 30 yrs @ 5% int $472
Net Monthly Income After Mortgage $221
Est. Cash on Cash Return 12.1%
Market Comps Click here
Building Schematic Click here

Location

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