130 RIBBON PKWY (MLS: L4959230) For Sale

130 RIBBON PKWY, (Polk), Lake Wales Florida 33898

Currently Rented at $1,230.00 / month

Area: 3047

Property Info

  • MLS L4959230
  • Unit No -
  • Bedrooms 5
  • Bathrooms 5
  • Area (sqft) 3047
  • Living Area (sqft) 2154
  • Foundation Crawlspace, Slab
  • Min Lease Crawlspace, Slab

Interior Features

  • Ceiling Fans(s)
  • Solid Wood Cabinets

Buy Price

$
$369,990.00

Rental Price

$
$1,230.00
  • Cap Rate
  • 3.3%
  • Gross Yield
  • 4%
  • Lease End Date
  • -

  • Rent Amount
  • $1,230.00

Cash Flow

Cap Rate3.3 Gross Yield4% Annual Rent$14,760.00 Property Taxes$2,581.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $14,760.00 $1,230.00 / mo $73,800.00 $1,230.00 / mo $147,600.00 $1,230.00 / mo
Estimated Expenses $2,581.00 $12,905.00 $25,810.00
Net Cash Flow $12,179.00 $60,895.00 $121,790.00