4122 RESIDENCE DR #120 (MLS: A4668848) For Sale

4122 RESIDENCE DR #120, (Lee), Fort Myers Florida 33901

Currently Rented at $1,600.00 / month

Area: 725

Property Info

  • MLS A4668848
  • Unit No 120
  • Bedrooms 1
  • Bathrooms 1
  • Area (sqft) 725
  • Living Area (sqft) 697
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $2,038.33

Interior Features

  • Ceiling Fans(s)
  • High Ceilings
  • Open Floorplan
  • Primary Bedroom Main Floor
  • Window Treatments

Buy Price

$
$152,000.00

Rental Price

$
$1,600.00
  • Cap Rate
  • -4.8%
  • Gross Yield
  • 12.6%
  • Lease End Date
  • -
  • Rent Amount

  • $1,600.00

Cash Flow

Cap Rate-4.8 Gross Yield12.6% Annual Rent$19,200.00 Property Taxes$2,106.69 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 $2,106.69 $10,533.45 $21,066.90
Net Cash Flow $17,093.31 $85,466.55 $170,933.10
HOA Fees $24,459.96 $122,299.80 $244,599.60

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