Cheap Rental or Flip

New Port Richey

Rental Return

New Port Richey, FL 34654

Bedrooms: 2 Bathrooms: 2 SQFT: 952

Year: 1984 ARV: $133,000

One of the least expensive deals you’ll see in 2020. This 1984 built, Single Family Block Home is 952 SqFt and features 2 Bedrooms, 2 baths, tiled throughout, plus an over-sized/attached 1-car garage. Roof and AC are functioning fine. So, whether you are a novice or seasoned investor, at such a low price, and with minimal cosmetic TLC needed to make rent ready, this property could make the perfect addition to your rental portfolio. Expected NET Annual Income should be around $8,210, giving buy and hold investors a NET ROI of almost 10%. This propety also makes a nice return as a flip, whereas depending on level of rehab completed, there is potential for 15 - 20% NET ROI. Call your Florida Property Hub agent today for more information and to schedule a showing

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