175 KINGS HWY #924 (MLS: C7532404) For Sale

175 KINGS HWY #924, (Charlotte), Punta Gorda Florida 33983

Currently Rented at $1,500.00 / month

Area: 1205

Property Info

  • MLS C7532404
  • Unit No 924
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 1205
  • Living Area (sqft) 1205
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $630.00

Interior Features

  • Ceiling Fans(s)

Buy Price

$
$142,723.00

Rental Price

$
$1,500.00
  • Cap Rate
  • 5.2%
  • Gross Yield
  • 12.6%
  • Lease End Date
  • April 16, 2027
  • Rent Amount

  • $1,500.00

Cash Flow

Cap Rate5.2 Gross Yield12.6% Annual Rent$18,000.00 Property Taxes$2,951.00 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 $2,951.00 $14,755.00 $29,510.00
Net Cash Flow $15,049.00 $75,245.00 $150,490.00
HOA Fees $7,560.00 $37,800.00 $75,600.00

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