3232 CORAL WAY #1607 (MLS: GC534889) For Sale

3232 CORAL WAY #1607, (Miami-dade), Miami Florida 33145

Currently Rented at $2,400.00 / month

Area: 792

Property Info

  • MLS GC534889
  • Unit No 1607
  • Bedrooms 1
  • Bathrooms 1
  • Area (sqft) 792
  • Living Area (sqft) 792
  • Foundation Other
  • Min Lease Other
  • HOA Fees $870.30

Interior Features

  • Other

Buy Price

$
$349,000.00

Rental Price

$
$2,400.00
  • Cap Rate
  • 3.6%
  • Gross Yield
  • 8.3%
  • Lease End Date
  • April 30, 2027
  • Rent Amount

  • $2,400.00

Cash Flow

Cap Rate3.6 Gross Yield8.3% Annual Rent$28,800.00 Property Taxes$5,911.80 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $28,800.00 $2,400.00 / mo $144,000.00 $2,400.00 / mo $288,000.00 $2,400.00 / mo
Estimated Expenses $5,911.80 $29,559.00 $59,118.00
Net Cash Flow $22,888.20 $114,441.00 $228,882.00
HOA Fees $10,443.60 $52,218.00 $104,436.00

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