408 MADISON ST (MLS: FC304104) For Sale

408 MADISON ST, (Putnam), Palatka Florida 32177

Currently Rented at $1,800.00 / month

Area: -

Property Info

  • MLS FC304104
  • Unit No -
  • Bedrooms 3
  • Bathrooms 2
  • Area (sqft) -
  • Living Area (sqft) 1612
  • Foundation Block
  • Min Lease Block

Interior Features

  • Ceiling Fans(s)
  • High Ceilings
  • Open Floorplan
  • Primary Bedroom Main Floor
  • Tray Ceiling(s)

Buy Price

$
$179,900.00

Rental Price

$
$1,800.00
  • Cap Rate
  • 11.3%
  • Gross Yield
  • 12%
  • Lease End Date
  • December 19, 2025

  • Rent Amount
  • $1,800.00

Cash Flow

Cap Rate11.3 Gross Yield12% Annual Rent$21,600.00 Property Taxes$1,352.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $21,600.00 $1,800.00 / mo $108,000.00 $1,800.00 / mo $216,000.00 $1,800.00 / mo
Estimated Expenses $1,352.00 $6,760.00 $13,520.00
Net Cash Flow $20,248.00 $101,240.00 $202,480.00