4934 Avery Rd

New Port Richey, FL 34652
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4 bd, 2 ba | 2,603 sqft | Built in 1969

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List Price
$120,000

Initial Investment

$32,700

Purchase Price

$120,000

Down Payment

25%

Rent

$2,560

Total Return

$150,832

Annualized Return

53.1%

Cap Rate

14.9%

Gross Yield

25.6%

Cash Flow

$9,861

Appreciation

13.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

8,100

HOA

None

Flood Risk

High Risk - Zone AE

Fix it up or start over...priced accordlingly. This property had flood damage. All floors and interior walls removed down to the studs- ready for makeover or tear down the rest and build new. Main bedroom slider to backyard has ensuite bath -shower pan and toilet still in place. Hall bath for other 3 bedrooms has tub and toilet in place. Large family room with fireplace and slider to backyard. 2 car garage with hurricane doors has washer/dryer hook up and wet sink in place. Hot water heater 2020. Kitchen appliances in garage : refrigerator, range, micro and dishwasher convey as is. Room sizes MOL to be verified by Buyer. This is an AS IS cash sale. Value is in the land.

See more in Analysis
Jeff Wills
Sefair Investments, Inc
FL Agent License #BK3326417

Annual Financial Highlights

Expected Rent

$29,184

Expenses

-$8,989

Property Taxes

-$3,810

Loan Payments

-$6,524

Net Cash Flow

$9,861

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Donald Hathaway, III
Agent License 3534415
BHHS FLORIDA PROPERTIES GROUP
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #TB8326309
Last Updated: 12/04/2024 13:12
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