247 PALM LN (MLS: A4669882) For Sale

247 PALM LN, (Manatee), Palmetto Florida 34221

Currently Rented at $1,500.00 / month

Area: 1128

Property Info

  • MLS A4669882
  • Unit No -
  • Bedrooms 2
  • Bathrooms 1
  • Area (sqft) 1128
  • Living Area (sqft) 714
  • Foundation Crawlspace
  • Min Lease Crawlspace
  • HOA Fees $195.00

Interior Features

  • Built-in Features
  • Kitchen/Family Room Combo
  • Open Floorplan
  • Thermostat
  • Window Treatments

Buy Price

$
$110,000.00

Rental Price

$
$1,500.00
  • Cap Rate
  • 13.3%
  • Gross Yield
  • 16.4%
  • Lease End Date
  • March 31, 2026

  • Rent Amount
  • $1,500.00

Cash Flow

Cap Rate13.3 Gross Yield16.4% Annual Rent$18,000.00 Property Taxes$1,011.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $18,000.00 $1,500.00 / mo $90,000.00 $1,500.00 / mo $180,000.00 $1,500.00 / mo
Estimated Expenses $1,011.00 $5,055.00 $10,110.00
Net Cash Flow $16,989.00 $84,945.00 $169,890.00
HOA Fees $2,340.00 $11,700.00 $23,400.00