2607 RIVER PRESERVE CT #2607 (MLS: A4620573) For Sale

2607 RIVER PRESERVE CT #2607, (Manatee), Bradenton Florida 34208

Currently Rented at $2,000.00 / month

Area: -

Property Info

  • MLS A4620573
  • Unit No 2607
  • Bedrooms 3
  • Bathrooms 2
  • Area (sqft) -
  • Living Area (sqft) 1260
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $538.00

Interior Features

  • Ceiling Fans(s)
  • Kitchen/Family Room Combo
  • Open Floorplan
  • Primary Bedroom Main Floor
  • Window Treatments

Buy Price

$
$220,000.00

Rental Price

$
$2,000.00
  • Cap Rate
  • 6.5%
  • Gross Yield
  • 10.9%
  • Lease End Date
  • March 31, 2024

  • Rent Amount
  • $2,000.00

Cash Flow

Cap Rate6.5 Gross Yield10.9% Annual Rent$24,000.00 Property Taxes$3,207.83 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $24,000.00 $2,000.00 / mo $120,000.00 $2,000.00 / mo $240,000.00 $2,000.00 / mo
Estimated Expenses $3,207.83 $16,039.15 $32,078.30
Net Cash Flow $20,792.17 $103,960.85 $207,921.70
HOA Fees $6,456.00 $32,280.00 $64,560.00