20375 ANDOVER AVE (MLS: C7531737) For Sale

20375 ANDOVER AVE, (Charlotte), Port Charlotte Florida 33954

Currently Rented at $1,500.00 / month

Area: 1395

Property Info

  • MLS C7531737
  • Unit No -
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 1395
  • Living Area (sqft) 1155
  • Foundation Slab
  • Min Lease Slab

Interior Features

  • Ceiling Fans(s)
  • Crown Molding
  • Open Floorplan
  • Solid Surface Counters
  • Solid Wood Cabinets

Buy Price

$
$230,000.00

Rental Price

$
$1,500.00
  • Cap Rate
  • 6.5%
  • Gross Yield
  • 7.8%
  • Lease End Date
  • May 31, 2027
  • Rent Amount

  • $1,500.00

Cash Flow

Cap Rate6.5 Gross Yield7.8% Annual Rent$18,000.00 Property Taxes$3,005.61 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $18,000.00 $1,500.00 / mo $90,000.00 $1,500.00 / mo $180,000.00 $1,500.00 / mo
Estimated Expenses $3,005.61 $15,028.05 $30,056.10
Net Cash Flow $14,994.39 $74,971.95 $149,943.90

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