89 S ATLANTIC AVE #204 (MLS: GC538522) For Sale

89 S ATLANTIC AVE #204, (Volusia), Ormond Beach Florida 32176

Currently Rented at $2,200.00 / month

Area: 1250

Property Info

  • MLS GC538522
  • Unit No 204
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 1250
  • Living Area (sqft) 1250
  • Foundation Concrete Perimeter
  • Min Lease Concrete Perimeter

Interior Features

  • Ceiling Fans(s)
  • Elevator
  • Kitchen/Family Room Combo
  • Primary Bedroom Main Floor

Buy Price

$
$275,000.00

Rental Price

$
$2,200.00
  • Cap Rate
  • 8.1%
  • Gross Yield
  • 9.6%
  • Lease End Date
  • December 31, 2025
  • Rent Amount

  • $2,200.00

Cash Flow

Cap Rate8.1 Gross Yield9.6% Annual Rent$26,400.00 Property Taxes$4,103.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $26,400.00 $2,200.00 / mo $132,000.00 $2,200.00 / mo $264,000.00 $2,200.00 / mo
Estimated Expenses $4,103.00 $20,515.00 $41,030.00
Net Cash Flow $22,297.00 $111,485.00 $222,970.00

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