5009 CIMARRON DR (MLS: L4948231) For Sale

5009 CIMARRON DR, (Polk), Lakeland Florida 33813

Currently Rented at $1,800.00 / month

Area: -

Property Info

  • MLS L4948231
  • Unit No -
  • Bedrooms 3
  • Bathrooms 2
  • Area (sqft) -
  • Living Area (sqft) 1210
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $33.33

Interior Features

  • Ceiling Fans(s)

Buy Price

$
$255,000.00

Rental Price

$
$1,800.00
  • Cap Rate
  • 7.2%
  • Gross Yield
  • 8.5%
  • Lease End Date
  • November 01, 2025

  • Rent Amount
  • $1,800.00

Cash Flow

Cap Rate7.2 Gross Yield8.5% Annual Rent$21,600.00 Property Taxes$2,727.89 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $21,600.00 $1,800.00 / mo $108,000.00 $1,800.00 / mo $216,000.00 $1,800.00 / mo
Estimated Expenses $2,727.89 $13,639.45 $27,278.90
Net Cash Flow $18,872.11 $94,360.55 $188,721.10
HOA Fees $399.96 $1,999.80 $3,999.60