3228 and 3222 CULLMAN DR (MLS: L4955749) For Sale

3228 and 3222 CULLMAN DR, (Polk), Lakeland Florida 33805

Currently Rented at $875.00 / month

Area: 924

Property Info

  • MLS L4955749
  • Unit No -
  • Bedrooms 2
  • Bathrooms 1
  • Area (sqft) 924
  • Living Area (sqft) 924
  • Foundation Crawlspace
  • Min Lease Crawlspace

Interior Features

  • Other

Buy Price

$
$375,000.00

Rental Price

$
$875.00
  • Cap Rate
  • 2.2%
  • Gross Yield
  • 2.8%
  • Lease End Date
  • December 31, 2025
  • Rent Amount

  • $875.00

Cash Flow

Cap Rate2.2 Gross Yield2.8% Annual Rent$10,500.00 Property Taxes$2,360.01 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $10,500.00 $875.00 / mo $52,500.00 $875.00 / mo $105,000.00 $875.00 / mo
Estimated Expenses $2,360.01 $11,800.05 $23,600.10
Net Cash Flow $8,139.99 $40,699.95 $81,399.90

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