2597 GRASSY POINT DR #207 (MLS: O6262082) For Sale

2597 GRASSY POINT DR #207, (Seminole), Lake Mary Florida 32746

Currently Rented at $1,660.00 / month

Area: -

Property Info

  • MLS O6262082
  • Unit No 207
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) -
  • Living Area (sqft) 947
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $430.00

Interior Features

  • Ceiling Fans(s)
  • High Ceilings
  • Living Room/Dining Room Combo
  • Split Bedroom
  • Walk-In Closet(s)

Buy Price

$
$215,000.00

Rental Price

$
$1,660.00
  • Cap Rate
  • 6%
  • Gross Yield
  • 9.3%
  • Lease End Date
  • September 30, 2025

  • Rent Amount
  • $1,660.00

Cash Flow

Cap Rate6.0 Gross Yield9.3% Annual Rent$19,920.00 Property Taxes$1,830.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $19,920.00 $1,660.00 / mo $99,600.00 $1,660.00 / mo $199,200.00 $1,660.00 / mo
Estimated Expenses $1,830.00 $9,150.00 $18,300.00
Net Cash Flow $18,090.00 $90,450.00 $180,900.00
HOA Fees $5,160.00 $25,800.00 $51,600.00