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$274,900

For Sale - Active
7521 Bougenville Dr, Port Richey, FL 34668
2 Beds
1 Bath
1,003 Square Feet
0.17 Acres Lot
Built in 1968
For Sale - Active
Units n/a
Checked: 2 days ago
Updated: Jun 14, 2025 at 03:25AM

Investment Summary


Monthly Cash Flow
-$134
Cap Rate
5.6%
Cash-on-Cash Return
-2.5%
Debt Coverage Ratio
0.90
Internal Rate of Return (5 years)
1.5%

Property Description


0.17 Acres Lot
Built in 1968
For Sale - Active
Units n/a

Welcome to your next home or investment opportunity at 7521 Bougenville Dr! This beautifully updated 2-bedroom, home offers 1,493 sq ft of spacious living in a NON-FLOOD ZONE, seamlessly blending modern upgrades with timeless charm. From the moment you walk in, you'll love the brand-new luxury vinyl flooring that extends throughout the home, creating a clean and cohesive look. The heart of the home is the fully renovated kitchen, complete with new cabinets, a stylish backsplash, stone countertops, a central island with breakfast bar, and brand-new appliances—a dream space for cooking and entertaining. The open living areas are filled with natural light, creating a warm and inviting atmosphere. An enclosed patio adds valuable flexibility—perfect as a second living area, home office, or relaxation space. Both bedrooms offer ample closet space, while the renovated bathroom showcases modern finishes and thoughtful design. Additional updates provide long-term peace of mind, including a NEW roof (2024), HVAC (2020), updated windows, a brand-new sliding door, all-new lighting. Step outside to a large backyard ideal for year-round enjoyment of Florida’s sunshine or entertaining guests. The attached one-car garage provides extra storage and convenient parking. Located in the sought-after community of Jasmine Lakes in Port Richey, this home is close to shopping, dining, recreation, and major roadways—making daily living and commuting a breeze. Don’t miss this move-in-ready gem—schedule your private showing today!

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Location


Property Details


Parking

  • Description: Garage
  • Details: Attached
  • Garage Spaces: 1
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 2

Bathroom Information

  • # of Baths (Full): 1
  • # of Baths (Total): 1.0

Interior Features

  • # of Rooms: 8
  • # of Stories: 1

Exterior Features

  • Exterior Walls Materials: Concrete Block
  • Foundation: Slab
  • Roof Type: Gable
  • Roof Material: Shingle

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: 1525160180000003850
  • Lot Size: 7210 sqft

Property Information

  • Property Type: Single Family Residence
  • Year Built: 1968

Tax Information

  • Annual Tax: $2,927

Utilities

  • Water & Sewer: Public
  • Heating: Central, Electric
  • Cooling: Central Air

Location

  • County: Pasco

Listing Details


Listed by:
Kimberley Ja Weaver
IMPACT REALTY TAMPA BAY
(727) 768-4421

Source:
Stellar MLS
MLS#: TB8334139
Stellar MLS

Investment Summary


Monthly Cash Flow
-$134
Cap Rate
5.6%
Cash-on-Cash Return
-2.5%
Debt Coverage Ratio
0.90
Internal Rate of Return (5 years)
1.5%

Purchase Details

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Purchase price:
$274,900
Amount financed:
-$219,920
Down payment:
$54,980
Closing costs:
$8,247
Rehab costs:
$0
Initial cash invested:
$63,227
Square feet:
1,003
Cost per square foot:
$274
Monthly rent per square foot:
$2.19

Financing Details

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Loan amount:
$219,920
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.625%
Principal & interest:
$1,408
Property tax:
$244
Insurance:
$154
Private mortgage insurance (PMI):
$0
Monthly payment:
$1,806

Operating Income

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% Rent Monthly Yearly
Gross rent:
$2,200 $26,400
Vacancy loss: (6%)
6% -$132 -$1,584
Operating income:
$2,068 $24,816

Operating Expenses


% Rent Monthly Yearly
Property taxes: (11%)
11%-$244-$2,927
Insurance: (7%)
7%-$154-$1,848
Property management: (8%)
8%-$176-$2,112
Repairs & maintenance: (5%)
5%-$110-$1,320
Capital expenditures: (5%)
5%-$110-$1,320
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (36%)
36%-$794-$9,527

Cash Flow


Monthly Yearly
Net operating income:
$1,274 $15,288
Mortgage payments:
-$1,408 -$16,896
Cash flow:
$134 $1,608