2619 LIPSCOMB ST (MLS: O6249110) For Sale

2619 LIPSCOMB ST, (Brevard), Melbourne Florida 32901

Currently Rented at $1,650.00 / month

Area: -

Property Info

  • MLS O6249110
  • Unit No -
  • Bedrooms 3
  • Bathrooms 2
  • Area (sqft) -
  • Living Area (sqft) 1249
  • Foundation Slab
  • Min Lease Slab

Interior Features

  • Kitchen/Family Room Combo
  • Open Floorplan
  • Other

Buy Price

$
$225,000.00

Rental Price

$
$1,650.00
  • Cap Rate
  • 7.5%
  • Gross Yield
  • 8.8%
  • Lease End Date
  • -

  • Rent Amount
  • $1,650.00

Cash Flow

Cap Rate7.5 Gross Yield8.8% Annual Rent$19,800.00 Property Taxes$2,961.08 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $19,800.00 $1,650.00 / mo $99,000.00 $1,650.00 / mo $198,000.00 $1,650.00 / mo
Estimated Expenses $2,961.08 $14,805.40 $29,610.80
Net Cash Flow $16,838.92 $84,194.60 $168,389.20