3548 Blackhawk Dr, New Port Richey, FL 34652



SOLD. Blackhawk Drive is a spacious 2 bed 2 bath property with a large yard and 2 car garage located in a very desirable neighborhood. The roof & HVAC were recently replaced in this home and we also completed a huge interior renovation to modernise the kitchen, bathroom, living areas and floors to appeal to high caliber tenants. Target rents are $1100-$1200.

Address 3548 Blackhawk Dr
New Port Richey, FL 34652
Purchase Price $117,900
Beds 2
Baths 2
Garage 2 car garage
Sq Ft 1468 heated / 2330 total
Year Built 1975
Flood Zone X
Estimated Income & Overheads
Target Annual Rent $13,800
Target Monthly Rent (A) $1,150
Management (8%) $1,049
Estimated Taxes $1,430
Home Insurance Estimate $1,100
Maintenance Reserves (5%) $690
Vacancy Reserves (5%) $690
Annual Overheads $4,959
Monthly Overheads (B) $413
Est. Net Monthly Income (A-B) $737
Est. Cash on Cash Return 7.5%
Sample Mortgage Calculations
20% down payment $23,580
Cap + int mortgage 30 yrs @ 5% int $506
Net Monthly Income After Mortgage $231
Est. Cash on Cash Return 11.7%


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