New Port Richey Investment advice

[Jai Koolwal]

Hi All!

I am looking at a turn key real estate property in New Port Richey, Florida. This is a single family home priced roughly at ~$100,000. The expected rental income is $925. Its in the 34652 zip code and has been fixed up by the turn key provider so there should be no additional expenses. 

I am not familiar with New Port Richey as a city and it did not come up on any of my research as a target market ( I was thinking more in terms of Orlando/Jacksonville in FL). However, the cash flow seems to make sense and I am wondering if this could be a good opportunity. 

Can someone with experience and knowledge regarding this city please comment and give feedback to evaluate this opportunity? My main goal right now is to get positive cash flow along with standard property appreciation (~3% like rest of the US).

Thanks

Jai