408 LONGFELLOW BLVD (MLS: G5110900) For Sale

408 LONGFELLOW BLVD, (Polk), Lakeland Florida 33801

Currently Rented at $1,000.00 / month

Area: 8320

Property Info

  • MLS G5110900
  • Unit No -
  • Bedrooms 5
  • Bathrooms 4
  • Area (sqft) 8320
  • Living Area (sqft) 2051
  • Foundation Crawlspace
  • Min Lease Crawlspace

Interior Features

  • Ceiling Fans(s)
  • Open Floorplan
  • Thermostat

Buy Price

$
$269,000.00

Rental Price

$
$1,000.00
  • Cap Rate
  • 3.1%
  • Gross Yield
  • 4.5%
  • Lease End Date
  • -

  • Rent Amount
  • $1,000.00

Cash Flow

Cap Rate3.1 Gross Yield4.5% Annual Rent$12,000.00 Property Taxes$3,714.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $12,000.00 $1,000.00 / mo $60,000.00 $1,000.00 / mo $120,000.00 $1,000.00 / mo
Estimated Expenses $3,714.00 $18,570.00 $37,140.00
Net Cash Flow $8,286.00 $41,430.00 $82,860.00