5500 OCEAN SHORE BLVD #UT23 (MLS: FC320795) For Sale

5500 OCEAN SHORE BLVD #UT23, (Volusia), Ormond Beach Florida 32176

Currently Rented at $1,800.00 / month

Area: 1252

Property Info

  • MLS FC320795
  • Unit No UT23
  • Bedrooms 2
  • Bathrooms 3
  • Area (sqft) 1252
  • Living Area (sqft) 1252
  • Foundation Concrete Perimeter, Slab
  • Min Lease Concrete Perimeter, Slab
  • HOA Fees $1,147.16

Interior Features

  • Ceiling Fans(s)
  • PrimaryBedroom Upstairs

Buy Price

$
$99,900.00

Rental Price

$
$1,800.00
  • Cap Rate
  • 7.1%
  • Gross Yield
  • 21.6%
  • Lease End Date
  • December 31, 2026
  • Rent Amount

  • $1,800.00

Cash Flow

Cap Rate7.1 Gross Yield21.6% Annual Rent$21,600.00 Property Taxes$765.26 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 $765.26 $3,826.30 $7,652.60
Net Cash Flow $20,834.74 $104,173.70 $208,347.40
HOA Fees $13,765.92 $68,829.60 $137,659.20

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