463 CORBIN PARK RD (MLS: NS1086937) For Sale

463 CORBIN PARK RD, (Volusia), New Smyrna Beach Florida 32168

Currently Rented at $1,800.00 / month

Area: 1224

Property Info

  • MLS NS1086937
  • Unit No -
  • Bedrooms 3
  • Bathrooms 2
  • Area (sqft) 1224
  • Living Area (sqft) 1224
  • Foundation Slab
  • Min Lease Slab

Interior Features

  • Primary Bedroom Main Floor
  • Split Bedroom

Buy Price

$
$299,000.00

Rental Price

$
$1,800.00
  • Cap Rate
  • 6.4%
  • Gross Yield
  • 7.2%
  • Lease End Date
  • February 28, 2026

  • Rent Amount
  • $1,800.00

Cash Flow

Cap Rate6.4 Gross Yield7.2% Annual Rent$21,600.00 Property Taxes$2,317.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $21,600.00 $1,800.00 / mo $108,000.00 $1,800.00 / mo $216,000.00 $1,800.00 / mo
Estimated Expenses $2,317.00 $11,585.00 $23,170.00
Net Cash Flow $19,283.00 $96,415.00 $192,830.00