1500 PARK BEACH CIR #5G (MLS: C7523529) For Sale

1500 PARK BEACH CIR #5G, (Charlotte), Punta Gorda Florida 33950

Currently Rented at $2,000.00 / month

Area: 988

Property Info

  • MLS C7523529
  • Unit No 5G
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 988
  • Living Area (sqft) 988
  • Foundation Pillar/Post/Pier
  • Min Lease Pillar/Post/Pier
  • HOA Fees $695.00

Interior Features

  • Ceiling Fans(s)
  • Living Room/Dining Room Combo

Buy Price

$
$229,500.00

Rental Price

$
$2,000.00
  • Cap Rate
  • 5.1%
  • Gross Yield
  • 10.5%
  • Lease End Date
  • August 31, 2026

  • Rent Amount
  • $2,000.00

Cash Flow

Cap Rate5.1 Gross Yield10.5% Annual Rent$24,000.00 Property Taxes$3,907.74 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $24,000.00 $2,000.00 / mo $120,000.00 $2,000.00 / mo $240,000.00 $2,000.00 / mo
Estimated Expenses $3,907.74 $19,538.70 $39,077.40
Net Cash Flow $20,092.26 $100,461.30 $200,922.60
HOA Fees $8,340.00 $41,700.00 $83,400.00