311 GARVIN ST #205A (MLS: C7514567) For Sale

311 GARVIN ST #205A, (Charlotte), Punta Gorda Florida 33950

Currently Rented at $1,650.00 / month

Area: 1114

Property Info

  • MLS C7514567
  • Unit No 205A
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 1114
  • Living Area (sqft) 1114
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $740.00

Interior Features

  • Ceiling Fans(s)
  • Living Room/Dining Room Combo
  • Open Floorplan
  • Split Bedroom
  • Stone Counters
  • Thermostat

Buy Price

$
$220,000.00

Rental Price

$
$1,650.00
  • Cap Rate
  • 3.1%
  • Gross Yield
  • 9%
  • Lease End Date
  • September 30, 2025

  • Rent Amount
  • $1,650.00

Cash Flow

Cap Rate3.1 Gross Yield9% Annual Rent$19,800.00 Property Taxes$4,202.63 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $19,800.00 $1,650.00 / mo $99,000.00 $1,650.00 / mo $198,000.00 $1,650.00 / mo
Estimated Expenses $4,202.63 $21,013.15 $42,026.30
Net Cash Flow $15,597.37 $77,986.85 $155,973.70
HOA Fees $8,880.00 $44,400.00 $88,800.00