16642 SE 58TH AVE (MLS: G5105892) For Sale

16642 SE 58TH AVE, (Marion), Summerfield Florida 34491

Currently Rented at $1,500.00 / month

Area: 2112

Property Info

  • MLS G5105892
  • Unit No -
  • Bedrooms 6
  • Bathrooms 4
  • Area (sqft) 2112
  • Living Area (sqft) 2112
  • Foundation Pillar/Post/Pier
  • Min Lease Pillar/Post/Pier

Interior Features

  • Ceiling Fans(s)

Buy Price

$
$350,000.00

Rental Price

$
$1,500.00
  • Cap Rate
  • 3.8%
  • Gross Yield
  • 5.1%
  • Lease End Date
  • September 30, 2026
  • Rent Amount

  • $1,500.00

Cash Flow

Cap Rate3.8 Gross Yield5.1% Annual Rent$18,000.00 Property Taxes$4,690.66 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $18,000.00 $1,500.00 / mo $90,000.00 $1,500.00 / mo $180,000.00 $1,500.00 / mo
Estimated Expenses $4,690.66 $23,453.30 $46,906.60
Net Cash Flow $13,309.34 $66,546.70 $133,093.40