633 GREENCOVE TER #144 (MLS: O6180403) For Sale

633 GREENCOVE TER #144, (Seminole), Altamonte Springs Florida 32714

Currently Rented at $1,500.00 / month

Area: -

Property Info

  • MLS O6180403
  • Unit No 144
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) -
  • Living Area (sqft) 1042
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $397.90

Interior Features

  • Ceiling Fans(s)
  • High Ceilings
  • Living Room/Dining Room Combo
  • Open Floorplan
  • Primary Bedroom Main Floor
  • PrimaryBedroom Upstairs
  • Solid Wood Cabinets
  • Stone Counters
  • Walk-In Closet(s)

Buy Price

$
$199,000.00

Rental Price

$
$1,500.00
  • Cap Rate
  • 5.5%
  • Gross Yield
  • 9%
  • Lease End Date
  • February 28, 2025

  • Rent Amount
  • $1,500.00

Cash Flow

Cap Rate5.5 Gross Yield9% Annual Rent$18,000.00 Property Taxes$2,284.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $18,000.00 $1,500.00 / mo $90,000.00 $1,500.00 / mo $180,000.00 $1,500.00 / mo
Estimated Expenses $2,284.00 $11,420.00 $22,840.00
Net Cash Flow $15,716.00 $78,580.00 $157,160.00
HOA Fees $4,774.80 $23,874.00 $47,748.00