7725 Salt Lane, Port Richey FL 34668

$104,900
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Description

SOLD. Lovely 3 bed 2 bath property with a 1 car garage. Renovations included a new roof and a variety of interior cosmetic updates.

Address 7725 Salt Lane
Port Richey, FL 34668
Purchase Price $104,900
Beds 3
Baths 2
Garage 1
Swimming Pool No
Sq Ft 1128 heated / 1668 total
Year Built 1979
Flood Zone X
Estimated Income & Overheads
Target Annual Rent $12,000
Target Monthly Rent (A) $1,000
Management (8%) $912
Estimated Taxes $1,158
Home Insurance Estimate $900
Maintenance Reserves (5%) $600
Vacancy Reserves (5%) $600
Annual Overheads $4,170
Monthly Overheads (B) $348
Est. Net Monthly Income (A-B) $653
Est. Net Annual Income $7,830
Est. Cash on Cash Return 7.5%
Sample Mortgage Calculations
80% Mortgage $83,920
20% down payment $20,980
Cap + int mortgage 30 yrs @ 5% int $451
Net Monthly Income After Mortgage $202
Est. Cash on Cash Return 11.5%
Building Schematic Click here
Google Map Click here
Market Comps Click here

Location

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