599 CAROLINA AVE (MLS: C7521642) For Sale

599 CAROLINA AVE, (Lee), Fort Myers Florida 33905

Currently Rented at $2,900.00 / month

Area: 2848

Property Info

  • MLS C7521642
  • Unit No -
  • Bedrooms 5
  • Bathrooms 3
  • Area (sqft) 2848
  • Living Area (sqft) 2617
  • Foundation Crawlspace
  • Min Lease Crawlspace

Interior Features

  • Ceiling Fans(s)
  • High Ceilings
  • Open Floorplan
  • Split Bedroom
  • Stone Counters
  • Walk-In Closet(s)

Buy Price

$
$399,000.00

Rental Price

$
$2,900.00
  • Cap Rate
  • 7.3%
  • Gross Yield
  • 8.7%
  • Lease End Date
  • April 30, 2027
  • Rent Amount

  • $2,900.00

Cash Flow

Cap Rate7.3 Gross Yield8.7% Annual Rent$34,800.00 Property Taxes$5,706.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $34,800.00 $2,900.00 / mo $174,000.00 $2,900.00 / mo $348,000.00 $2,900.00 / mo
Estimated Expenses $5,706.00 $28,530.00 $57,060.00
Net Cash Flow $29,094.00 $145,470.00 $290,940.00

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