7700 Birchwood Dr Port Richey, FL 34668
2bd, 2ba | 1,234sqft | Built in 1973
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Initial Investment
$142,761
List Price: $140,000
Purchase Price
$140,000
Down Payment
100%
Rent
$1,250

Market rent may range from $1,188 to $1,313


Total Return
$67,065
Annualized Return
8.8%
Cap Rate
6.2%
Gross Yield
10.7%
Cash Flow
$7,909
Appreciation
4.5%
Features
Roofstock Certified
Occupancy
Vacant
Guaranteed Rent
Yes
Lot Size
5,395 
HOA
None
Flood Risk
Not Required
  • Vacant, and comes with the Roofstock Rent Guarantee
  • Annual average appreciation over the past 20 years in this area was 4.5% (according to Zillow)
  • Appreciation over the past 12 months was 11.8% (Zillow)!
  • Owner open to offers

Annual Financial Highlight
Expected Rent
$14,250
Expenses
-$4,372
Property Taxes
-$1,970
Loan Payments
$0

Net Cash Flow
$7,909
Considerations
Property Characteristics    View Details


Inspection Contingency
This home will be inspected after the offer is accepted and prior to closing, during which time you can negotiate price or repairs based on the inspector’s findings or cancel the contract. If any prior inspection reports are available, you’ll find them in the Diligence Documents (Analysis tab).  If the latest inspection report is more than 4 months old, the home will be listed with an inspection contingency.
  • This property will be professionally inspected before closing.
  • You’ll have the opportunity to negotiate a lower price or repairs if any issues are identified during the inspection process.
  • Your earnest money deposit will be refunded if you cancel the transaction before the inspection contingency termination date.
  • Roofstock will let you know whether the property passes Roofstock Certification. If it fails, and you choose to carry on with the transaction, the Roofstock Guarantee will no longer apply unless issues are resolved prior to closing. 

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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