Overview
- 2 Bedrooms
- 2 Bathrooms
- 1,602 ft
- Year Built: 1983
Description
BEAUTIFUL SUB TO COSMETIC SFH REQUIRING LIGHT REHAB WITH FINANCING IN PLACE – PORT RICHEY FL
BUYERS ENTRY FEE: $35,000
4.125% FIXED INTEREST RATE
↓ BREAKDOWN ↓
• Monthly Payments (PITI): $1,750/ Per Month
• Area Rental Rates: 1,800 /Mo
• Estimated Principal Balance: $266,000
🛏️ 2 Beds | 🛁 2 Baths | 📏 1,602 Sqft | 🏢 1983 Build | 🏞️ .3 acres
📈 Investor’s Dream: Average Rents $2,000 💰
📊 Future Value: ARV (After Repair Value) Estimated at $ 320,000! 🚀
🏞️ Location, Location, Location! 🏞️
Situated in Port Richey FL this deal of a property sits in an unbelievable location that promises, convenience, consistent CASHFLOW, and long-term appreciation.
***IF RENOVATED INTO A 3/2, ARV WILL INCREASE, WHICH WILL INCREASE RENTS AS WELL!***
🏡 Property Highlights 🏡
✨ WATERFRONT VIEWS with a Spacious Yard!
✨ 2 Bedrooms: Perfect for tenants seeking comfort and space or a couple looking for a bedroom and office space!
✨ 2 Well Appointed Bathrooms: Modern and functional, ensuring tenant satisfaction.
✨ Spacious 1,602 Sqft: friendly and inviting.
✨ Built in 1983: Enjoy the charm of a home that was built out of brick and made to last! This home has tons of character!
✨ EASY MONTHLY CASHFLOW: With current rents up to $1,800 + for long term rental and and ARV projected at $320,000, this property is a DREAM for investors.
🌟 Why Invest? 🌟
1️⃣ Highly Desirable Location: Located just outside of the ever growing Port Richey you’ll have no shortage of tenants eager to rent this property.
2️⃣ Very Strong Rental Market: With an average rent of $1,800+ you can expect a consistent stream of income that will make your ROI
3️⃣ Profitable ARV: The After Repair Value of $320,000 means significant potential for equity and future returns.
4️⃣ Diverse Investment Options: Whether you’re a seasoned investor or just starting, this property offers options for immediate rental income or future value appreciation.
5️⃣ Investor-Friendly: This property is designed for investors, with the right balance of cost, potential, and security.