1518 SW COURTYARDS LN #197 (MLS: A4674883) For Sale

1518 SW COURTYARDS LN #197, (Lee), Cape Coral Florida 33914

Currently Rented at $1,550.00 / month

Area: 1077

Property Info

  • MLS A4674883
  • Unit No 197
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 1077
  • Living Area (sqft) 953
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $524.00

Interior Features

  • Ceiling Fans(s)
  • High Ceilings
  • Living Room/Dining Room Combo
  • Solid Surface Counters
  • Split Bedroom
  • Thermostat
  • Walk-In Closet(s)

Buy Price

$
$139,900.00

Rental Price

$
$1,550.00
  • Cap Rate
  • 6.7%
  • Gross Yield
  • 13.3%
  • Lease End Date
  • July 14, 2026

  • Rent Amount
  • $1,550.00

Cash Flow

Cap Rate6.7 Gross Yield13.3% Annual Rent$18,600.00 Property Taxes$2,945.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $18,600.00 $1,550.00 / mo $93,000.00 $1,550.00 / mo $186,000.00 $1,550.00 / mo
Estimated Expenses $2,945.00 $14,725.00 $29,450.00
Net Cash Flow $15,655.00 $78,275.00 $156,550.00
HOA Fees $6,288.00 $31,440.00 $62,880.00