600 MICHIGAN ESTATES CIR (MLS: G5103838) For Sale

600 MICHIGAN ESTATES CIR, (Osceola), Saint Cloud Florida 34769

Currently Rented at $3,500.00 / month

Area: 3939

Property Info

  • MLS G5103838
  • Unit No -
  • Bedrooms 5
  • Bathrooms 3
  • Area (sqft) 3939
  • Living Area (sqft) 3203
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $58.33

Interior Features

  • Ceiling Fans(s)
  • Eat-in Kitchen
  • High Ceilings
  • Kitchen/Family Room Combo
  • PrimaryBedroom Upstairs
  • Stone Counters

Buy Price

$
$540,000.00

Rental Price

$
$3,500.00
  • Cap Rate
  • 6.5%
  • Gross Yield
  • 7.8%
  • Lease End Date
  • November 24, 2025

  • Rent Amount
  • $3,500.00

Cash Flow

Cap Rate6.5 Gross Yield7.8% Annual Rent$42,000.00 Property Taxes$6,396.24 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $42,000.00 $3,500.00 / mo $210,000.00 $3,500.00 / mo $420,000.00 $3,500.00 / mo
Estimated Expenses $6,396.24 $31,981.20 $63,962.40
Net Cash Flow $35,603.76 $178,018.80 $356,037.60
HOA Fees $699.96 $3,499.80 $6,999.60