4122 RESIDENCE DR #102 (MLS: A4668797) For Sale

4122 RESIDENCE DR #102, (Lee), Fort Myers Florida 33901

Currently Rented at $1,600.00 / month

Area: 925

Property Info

  • MLS A4668797
  • Unit No 102
  • Bedrooms 2
  • Bathrooms 1
  • Area (sqft) 925
  • Living Area (sqft) 873
  • Foundation Slab
  • Min Lease Slab

Interior Features

  • Ceiling Fans(s)
  • Eat-in Kitchen
  • Living Room/Dining Room Combo
  • Primary Bedroom Main Floor
  • Split Bedroom

Buy Price

$
$176,000.00

Rental Price

$
$1,600.00
  • Cap Rate
  • 9.4%
  • Gross Yield
  • 10.9%
  • Lease End Date
  • -

  • Rent Amount
  • $1,600.00

Cash Flow

Cap Rate9.4 Gross Yield10.9% Annual Rent$19,200.00 Property Taxes$2,656.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $19,200.00 $1,600.00 / mo $96,000.00 $1,600.00 / mo $192,000.00 $1,600.00 / mo
Estimated Expenses $2,656.00 $13,280.00 $26,560.00
Net Cash Flow $16,544.00 $82,720.00 $165,440.00