1613 MICHIGAN AVE (MLS: A4702105) For Sale
1613 MICHIGAN AVE,
(Manatee),
Bradenton Florida 34207
Currently Rented at $1,800.00 / month
Area: 1300
- MLS A4702105
- Unit No -
- Bedrooms 2
- Bathrooms 2
- Area (sqft) 1300
- Living Area (sqft) 700
- Foundation Pillar/Post/Pier
- Min Lease Pillar/Post/Pier
Cash Flow
|
Cap Rate10.8
|
Gross Yield12.8%
|
Annual Rent$21,600.00
|
Property Taxes$3,367.00
|
Operating Expenses0
|
|
|
|
|
Year 1 |
Year 5 |
Year 10 |
| Expected Rent |
|
|
|
$21,600.00 $1,800.00 / mo
|
$108,000.00 $1,800.00 / mo
|
$216,000.00 $1,800.00 / mo
|
| Estimated Expenses |
|
|
|
$3,367.00 |
$16,835.00 |
$33,670.00 |
| Net Cash Flow |
|
|
|
$18,233.00 |
$91,165.00 |
$182,330.00 |
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