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$219,900

For Sale - Active
7810 Pineapple Ln, Port Richey, FL 34668
2 Beds
2 Baths
1,028 Square Feet
0.16 Acres Lot
Built in 1973
For Sale - Active
Units n/a
Checked: 1 day ago
Updated: Jun 07, 2025 at 03:48AM

Investment Summary


Monthly Cash Flow
-$249
Cap Rate
4.9%
Cash-on-Cash Return
-5.9%
Debt Coverage Ratio
0.78
Internal Rate of Return (5 years)
-1.7%

Property Description


0.16 Acres Lot
Built in 1973
For Sale - Active
Units n/a

NOT IN FLOOD ZONE!!!! Waterfront Oasis – 2 Bed, 2 Bath Discover your own slice of paradise in this stunning 2-bedroom, 2-bathroom home with a 1-car garage, featuring a tranquil waterfront view. This home has an open and inviting layout. Step outside to your tropical backyard retreat, complete with a large yard with no rear neighbors and nature everywhere you look. Best of all, no flood insurance required! Don’t miss out on this home—schedule your showing today!

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Location


Property Details


Parking

  • Description: Garage Faces Rear, Garage Faces Side, In Garage
  • Details: Attached
  • Garage Spaces: 1
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 2

Bathroom Information

  • # of Baths (Full): 2
  • # of Baths (Total): 2.0

Interior Features

  • # of Rooms: 3
  • # of Stories: 1

Exterior Features

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

HOA

  • Association: Owner will manage

Land Information

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

Lot Information

  • Parcel ID: 1525160770000012290
  • Lot Size: 7000 sqft

Property Information

  • Property Type: Single Family Residence
  • Year Built: 1973

Tax Information

  • Annual Tax: $3,242

Utilities

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

Location

  • County: Pasco

Listing Details


Listed by:
Gil Bernardino
SELECT PROPERTIES INC
(727) 488-9788

Source:
Stellar MLS
MLS#: TB8388885
Stellar MLS

Investment Summary


Monthly Cash Flow
-$249
Cap Rate
4.9%
Cash-on-Cash Return
-5.9%
Debt Coverage Ratio
0.78
Internal Rate of Return (5 years)
-1.7%

Purchase Details

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Purchase price:
$219,900
Amount financed:
-$175,920
Down payment:
$43,980
Closing costs:
$6,597
Rehab costs:
$0
Initial cash invested:
$50,577
Square feet:
1,028
Cost per square foot:
$214
Monthly rent per square foot:
$1.65

Financing Details

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Loan amount:
$175,920
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.840%
Principal & interest:
$1,152
Property tax:
$270
Insurance:
$119
Private mortgage insurance (PMI):
$0
Monthly payment:
$1,541

Operating Income

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% Rent Monthly Yearly
Gross rent:
$1,700 $20,400
Vacancy loss: (6%)
6% -$102 -$1,224
Operating income:
$1,598 $19,176

Operating Expenses


% Rent Monthly Yearly
Property taxes: (16%)
16%-$270-$3,242
Insurance: (7%)
7%-$119-$1,428
Property management: (8%)
8%-$136-$1,632
Repairs & maintenance: (5%)
5%-$85-$1,020
Capital expenditures: (5%)
5%-$85-$1,020
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (41%)
41%-$695-$8,342

Cash Flow


Monthly Yearly
Net operating income:
$903 $10,836
Mortgage payments:
-$1,152 -$13,824
Cash flow:
$249 $2,988