8600 RIDGEWOOD AVE #2205 (MLS: O6156918) For Sale

8600 RIDGEWOOD AVE #2205, (Brevard), Cape Canaveral Florida 32920

Currently Rented at $3,000.00 / month

Area: -

Property Info

  • MLS O6156918
  • Unit No 2205
  • Bedrooms 1
  • Bathrooms 1
  • Area (sqft) -
  • Living Area (sqft) 800
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $515.30

Interior Features

  • Ceiling Fans(s)
  • Kitchen/Family Room Combo
  • Open Floorplan
  • Walk-In Closet(s)

Buy Price

$
$349,000.00

Rental Price

$
$3,000.00
  • Cap Rate
  • 7.7%
  • Gross Yield
  • 10.3%
  • Lease End Date
  • -

  • Rent Amount
  • $3,000.00

Cash Flow

Cap Rate7.7 Gross Yield10.3% Annual Rent$36,000.00 Property Taxes$3,062.95 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $36,000.00 $3,000.00 / mo $180,000.00 $3,000.00 / mo $360,000.00 $3,000.00 / mo
Estimated Expenses $3,062.95 $15,314.75 $30,629.50
Net Cash Flow $32,937.05 $164,685.25 $329,370.50
HOA Fees $6,183.60 $30,918.00 $61,836.00