11 RIDDLE DR (MLS: FC318586) For Sale

11 RIDDLE DR, (Flagler), Palm Coast Florida 32164

Currently Rented at $3,000.00 / month

Area: 3650

Property Info

  • MLS FC318586
  • Unit No -
  • Bedrooms 5
  • Bathrooms 3
  • Area (sqft) 3650
  • Living Area (sqft) 2957
  • Foundation Slab
  • Min Lease Slab

Interior Features

  • High Ceilings
  • Open Floorplan
  • Primary Bedroom Main Floor
  • Solid Wood Cabinets
  • Thermostat
  • Tray Ceiling(s)
  • Vaulted Ceiling(s)
  • Walk-In Closet(s)
  • Window Treatments

Buy Price

$
$375,000.00

Rental Price

$
$3,000.00
  • Cap Rate
  • 7.9%
  • Gross Yield
  • 9.6%
  • Lease End Date
  • May 01, 2028

  • Rent Amount
  • $3,000.00

Cash Flow

Cap Rate7.9 Gross Yield9.6% Annual Rent$36,000.00 Property Taxes$6,444.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $36,000.00 $3,000.00 / mo $180,000.00 $3,000.00 / mo $360,000.00 $3,000.00 / mo
Estimated Expenses $6,444.00 $32,220.00 $64,440.00
Net Cash Flow $29,556.00 $147,780.00 $295,560.00