3027 SW 16TH PL (MLS: C7524072) For Sale

3027 SW 16TH PL, (Lee), Cape Coral Florida 33914

Currently Rented at $2,700.00 / month

Area: 1936

Property Info

  • MLS C7524072
  • Unit No -
  • Bedrooms 3
  • Bathrooms 2
  • Area (sqft) 1936
  • Living Area (sqft) 1543
  • Foundation Slab
  • Min Lease Slab

Interior Features

  • Built-in Features
  • Cathedral Ceiling(s)
  • Ceiling Fans(s)
  • Eat-in Kitchen
  • High Ceilings
  • Kitchen/Family Room Combo
  • Open Floorplan
  • Primary Bedroom Main Floor
  • Split Bedroom
  • Stone Counters
  • Tray Ceiling(s)
  • Walk-In Closet(s)

Buy Price

$
$479,000.00

Rental Price

$
$2,700.00
  • Cap Rate
  • 5.5%
  • Gross Yield
  • 6.8%
  • Lease End Date
  • -

  • Rent Amount
  • $2,700.00

Cash Flow

Cap Rate5.5 Gross Yield6.8% Annual Rent$32,400.00 Property Taxes$5,936.81 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $32,400.00 $2,700.00 / mo $162,000.00 $2,700.00 / mo $324,000.00 $2,700.00 / mo
Estimated Expenses $5,936.81 $29,684.05 $59,368.10
Net Cash Flow $26,463.19 $132,315.95 $264,631.90