422 E BELMAR ST (MLS: L4947571) For Sale

422 E BELMAR ST, (Polk), Lakeland Florida 33803

Currently Rented at $2,150.00 / month

Area: -

Property Info

  • MLS L4947571
  • Unit No -
  • Bedrooms 3
  • Bathrooms 2
  • Area (sqft) -
  • Living Area (sqft) 1127
  • Foundation Crawlspace
  • Min Lease Crawlspace

Interior Features

  • Ceiling Fans(s)
  • Other

Buy Price

$
$374,900.00

Rental Price

$
$2,150.00
  • Cap Rate
  • 6.1%
  • Gross Yield
  • 6.9%
  • Lease End Date
  • April 30, 2025

  • Rent Amount
  • $2,150.00

Cash Flow

Cap Rate6.1 Gross Yield6.9% Annual Rent$25,800.00 Property Taxes$3,066.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $25,800.00 $2,150.00 / mo $129,000.00 $2,150.00 / mo $258,000.00 $2,150.00 / mo
Estimated Expenses $3,066.00 $15,330.00 $30,660.00
Net Cash Flow $22,734.00 $113,670.00 $227,340.00