1512 LUMBER AVE (MLS: L4954534) For Sale

1512 LUMBER AVE, (Polk), Davenport Florida 33837

Currently Rented at $2,000.00 / month

Area: -

Property Info

  • MLS L4954534
  • Unit No -
  • Bedrooms 3
  • Bathrooms 3
  • Area (sqft) -
  • Living Area (sqft) 1673
  • Foundation Block
  • Min Lease Block
  • HOA Fees $77.02

Interior Features

  • Open Floorplan
  • PrimaryBedroom Upstairs
  • Smart Home
  • Thermostat
  • Walk-In Closet(s)

Buy Price

$
$280,000.00

Rental Price

$
$2,000.00
  • Cap Rate
  • 7.2%
  • Gross Yield
  • 8.6%
  • Lease End Date
  • July 31, 2025

  • Rent Amount
  • $2,000.00

Cash Flow

Cap Rate7.2 Gross Yield8.6% Annual Rent$24,000.00 Property Taxes$2,948.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $24,000.00 $2,000.00 / mo $120,000.00 $2,000.00 / mo $240,000.00 $2,000.00 / mo
Estimated Expenses $2,948.00 $14,740.00 $29,480.00
Net Cash Flow $21,052.00 $105,260.00 $210,520.00
HOA Fees $924.24 $4,621.20 $9,242.40