22375 EDGEWATER DR #217 (MLS: A4674074) For Sale

22375 EDGEWATER DR #217, (Charlotte), Port Charlotte Florida 33980

Currently Rented at $2,000.00 / month

Area: 1040

Property Info

  • MLS A4674074
  • Unit No 217
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 1040
  • Living Area (sqft) 987
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $1,080.00

Interior Features

  • Ceiling Fans(s)
  • Living Room/Dining Room Combo
  • Thermostat
  • Window Treatments

Buy Price

$
$115,800.00

Rental Price

$
$2,000.00
  • Cap Rate
  • 7.6%
  • Gross Yield
  • 20.7%
  • Lease End Date
  • April 03, 2026

  • Rent Amount
  • $2,000.00

Cash Flow

Cap Rate7.6 Gross Yield20.7% Annual Rent$24,000.00 Property Taxes$2,293.70 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 $2,293.70 $11,468.50 $22,937.00
Net Cash Flow $21,706.30 $108,531.50 $217,063.00
HOA Fees $12,960.00 $64,800.00 $129,600.00