1601 N CENTRAL AVE #101 (MLS: FC304587) For Sale

1601 N CENTRAL AVE #101, (Flagler), Flagler Beach Florida 32136

Currently Rented at $2,875.00 / month

Area: -

Property Info

  • MLS FC304587
  • Unit No 101
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) -
  • Living Area (sqft) 1215
  • Foundation Concrete Perimeter
  • Min Lease Concrete Perimeter
  • HOA Fees $1,050.00

Interior Features

  • Ceiling Fans(s)
  • Elevator
  • Living Room/Dining Room Combo
  • Primary Bedroom Main Floor
  • Solid Surface Counters
  • Walk-In Closet(s)
  • Window Treatments

Buy Price

$
$399,000.00

Rental Price

$
$2,875.00
  • Cap Rate
  • 3.8%
  • Gross Yield
  • 8.6%
  • Lease End Date
  • April 30, 2025

  • Rent Amount
  • $2,875.00

Cash Flow

Cap Rate3.8 Gross Yield8.6% Annual Rent$34,500.00 Property Taxes$6,867.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $34,500.00 $2,875.00 / mo $172,500.00 $2,875.00 / mo $345,000.00 $2,875.00 / mo
Estimated Expenses $6,867.00 $34,335.00 $68,670.00
Net Cash Flow $27,633.00 $138,165.00 $276,330.00
HOA Fees $12,600.00 $63,000.00 $126,000.00