From Renovated Property to High-Equity Rental
10228 Amadeus Dr, Port Richey, Florida
3 Bedrooms • 2 Bathrooms • Approximately 1,360 Sq. Ft.
Water-View Property
Through the Graystone VIP program, a foreign national investor acquired this Port Richey single-family home for $149,900 and completed approximately $30,000 in rent-ready renovations. Following completion, an independent appraisal valued the property at approximately $305,000. The home is now professionally managed and rented for $1,590 per month.
The Investment
01. Acquisition
Purchase Price: $149,900
Investor: Foreign National
Strategy: Value-Add Rental
Graystone identified this water-view property as an opportunity to create substantial value through renovation and long-term rental ownership.
02. Transformation
Rent-Ready Rehabilitation: $30,000
Total Investment: $179,900
The renovation focused on improving the home’s condition, functionality, rental appeal, and long-term durability.
03. Results
Appraised Value: $305,000
Estimated Equity Created: $125,100
Actual Monthly Rent: $1,590
The completed property was transformed into a professionally managed, income-producing rental with substantial built-in equity.
Real Property. Real Results.
$179,900
Total Investment
$125,100
Estimated Equity Created
$1,590
Monthly Rent
70%
Created Equity Relative to Total Investment
Buy. Renovate. Rent. Build Wealth.
This project demonstrates how Graystone helps foreign national investors navigate the complete investment process—from identifying and acquiring the property to coordinating renovations, financing, tenant placement, and professional property management.
One property. One coordinated strategy. Long-term wealth-building potential.
Property values, rents, renovation costs, expenses, financing terms, and investment results vary. Figures shown are approximate and are provided for informational purposes only. Appraised value does not guarantee future performance.
Book an Expert
New investor? Start with Jorge.
Jorge Vazquez – CEO & Investment Strategist at Graystone. Let’s make your portfolio stronger, steadier, and more profitable.
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Meet Cody Bergstrom, Your Expert in Finding Deals Let’s find an off-market deal that actually works for you.
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Jay Michalec – COO & Property Management Expert at Graystone. Let’s make your rentals easier, calmer, and more profitable.
