3291 MIDSHIP DR (MLS: C7524038) For Sale

3291 MIDSHIP DR, (Lee), North Fort Myers Florida 33903

Currently Rented at $2,950.00 / month

Area: 4208

Property Info

  • MLS C7524038
  • Unit No -
  • Bedrooms 4
  • Bathrooms 3
  • Area (sqft) 4208
  • Living Area (sqft) 2687
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $463.33

Interior Features

  • Ceiling Fans(s)
  • Solid Wood Cabinets
  • Split Bedroom
  • Stone Counters
  • Thermostat
  • Walk-In Closet(s)
  • Wet Bar
  • Window Treatments

Buy Price

$
$550,000.00

Rental Price

$
$2,950.00
  • Cap Rate
  • 4.2%
  • Gross Yield
  • 6.4%
  • Lease End Date
  • August 31, 2026

  • Rent Amount
  • $2,950.00

Cash Flow

Cap Rate4.2 Gross Yield6.4% Annual Rent$35,400.00 Property Taxes$6,951.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $35,400.00 $2,950.00 / mo $177,000.00 $2,950.00 / mo $354,000.00 $2,950.00 / mo
Estimated Expenses $6,951.00 $34,755.00 $69,510.00
Net Cash Flow $28,449.00 $142,245.00 $284,490.00
HOA Fees $5,559.96 $27,799.80 $55,599.60