7710 Farmlawn Dr

Port Richey, FL 34668
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3 bd, 2 ba | 1,711 sqft | Built in 1977

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List Price
$150,000

Initial Investment

$40,875

Purchase Price

$150,000

Down Payment

25%

Rent

$1,540

Total Return

$156,125

Annualized Return

40.0%

Cap Rate

8.4%

Gross Yield

12.3%

Cash Flow

$3,578

Appreciation

14.1%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

5,100

HOA

None

Flood Risk

Not Required

3/2 garage conversion, county reports home to have had sinkhole activity in 2010. Rental property since 2016. VACANT NOW. Pre-Rehab. Handy man, handy woman. Floors are uneven on the inside. NOT A FLOOD ZONE> Port Richey is a good location, near shopping, restaurants, Home Depot, Bayonet Point Hospital, the mall, and highway 19 corridor. Home is pretty rough....that is why it is the cheapest non flood non auction block home in Pasco County at time of listing.

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NEIGHBORHOOD

SCHOOLS

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Jeff Wills
Sefair Investments, Inc
FL Agent License #BK3326417

Annual Financial Highlights

Expected Rent

$17,556

Expenses

-$3,883

Property Taxes

-$1,940

Loan Payments

-$8,155

Net Cash Flow

$3,578

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

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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:Randal Jenkins
Agent License 3197775
FLORIDA REAL ESTATE PARTNERS
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #W7870743
Last Updated: 12/13/2024 16:12
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