700 MIRROR TER NW #507 (MLS: B4902266) For Sale

700 MIRROR TER NW #507, (Polk), Winter Haven Florida 33881

Currently Rented at $1,850.00 / month

Area: 1351

Property Info

  • MLS B4902266
  • Unit No 507
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 1351
  • Living Area (sqft) 1351
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $750.00

Interior Features

  • Built-in Features
  • Ceiling Fans(s)
  • Chair Rail
  • Elevator
  • Living Room/Dining Room Combo
  • Solid Wood Cabinets
  • Stone Counters
  • Thermostat
  • Walk-In Closet(s)
  • Window Treatments

Buy Price

$
$164,900.00

Rental Price

$
$1,850.00
  • Cap Rate
  • 7.2%
  • Gross Yield
  • 13.5%
  • Lease End Date
  • -

  • Rent Amount
  • $1,850.00

Cash Flow

Cap Rate7.2 Gross Yield13.5% Annual Rent$22,200.00 Property Taxes$1,254.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $22,200.00 $1,850.00 / mo $111,000.00 $1,850.00 / mo $222,000.00 $1,850.00 / mo
Estimated Expenses $1,254.00 $6,270.00 $12,540.00
Net Cash Flow $20,946.00 $104,730.00 $209,460.00
HOA Fees $9,000.00 $45,000.00 $90,000.00