508 GARDEN DR N (MLS: N6138976) For Sale

508 GARDEN DR N, (Polk), Lakeland Florida 33813

Currently Rented at $1,850.00 / month

Area: -

Property Info

  • MLS N6138976
  • Unit No -
  • Bedrooms 3
  • Bathrooms 1
  • Area (sqft) -
  • Living Area (sqft) 840
  • Foundation Block
  • Min Lease Block

Interior Features

  • Crown Molding

Buy Price

$
$249,900.00

Rental Price

$
$1,850.00
  • Cap Rate
  • 8.1%
  • Gross Yield
  • 8.9%
  • Lease End Date
  • June 01, 2025

  • Rent Amount
  • $1,850.00

Cash Flow

Cap Rate8.1 Gross Yield8.9% Annual Rent$22,200.00 Property Taxes$1,898.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $22,200.00 $1,850.00 / mo $111,000.00 $1,850.00 / mo $222,000.00 $1,850.00 / mo
Estimated Expenses $1,898.00 $9,490.00 $18,980.00
Net Cash Flow $20,302.00 $101,510.00 $203,020.00