721 FRANK LLOYD WRIGHT WAY (MLS: L4962180) For Sale

721 FRANK LLOYD WRIGHT WAY, (Polk), Lakeland Florida 33803

Currently Rented at $3,100.00 / month

Area: 2203

Property Info

  • MLS L4962180
  • Unit No -
  • Bedrooms 3
  • Bathrooms 3
  • Area (sqft) 2203
  • Living Area (sqft) 1895
  • Foundation Crawlspace
  • Min Lease -

Interior Features

  • Ceiling Fans(s)
  • Primary Bedroom Main Floor
  • Stone Counters

Buy Price

$
$555,000.00

Rental Price

$
$3,100.00
  • Cap Rate
  • 5.9%
  • Gross Yield
  • 6.7%
  • Lease End Date
  • September 30, 2026
  • Rent Amount

  • $3,100.00

Cash Flow

Cap Rate5.9 Gross Yield6.7% Annual Rent$37,200.00 Property Taxes$4,656.12 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $37,200.00 $3,100.00 / mo $186,000.00 $3,100.00 / mo $372,000.00 $3,100.00 / mo
Estimated Expenses $4,656.12 $23,280.60 $46,561.20
Net Cash Flow $32,543.88 $162,719.40 $325,438.80

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