509 MADISON DR (MLS: O6284643) For Sale

509 MADISON DR, (Polk), Davenport Florida 33837

Currently Rented at $2,050.00 / month

Area: -

Property Info

  • MLS O6284643
  • Unit No -
  • Bedrooms 3
  • Bathrooms 3
  • Area (sqft) -
  • Living Area (sqft) 1480
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $233.44

Interior Features

  • Ceiling Fans(s)
  • Eat-in Kitchen
  • Kitchen/Family Room Combo
  • Living Room/Dining Room Combo
  • Thermostat
  • Walk-In Closet(s)

Buy Price

$
$326,000.00

Rental Price

$
$2,050.00
  • Cap Rate
  • 5.6%
  • Gross Yield
  • 7.5%
  • Lease End Date
  • November 30, 2025

  • Rent Amount
  • $2,050.00

Cash Flow

Cap Rate5.6 Gross Yield7.5% Annual Rent$24,600.00 Property Taxes$3,631.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $24,600.00 $2,050.00 / mo $123,000.00 $2,050.00 / mo $246,000.00 $2,050.00 / mo
Estimated Expenses $3,631.00 $18,155.00 $36,310.00
Net Cash Flow $20,969.00 $104,845.00 $209,690.00
HOA Fees $2,801.28 $14,006.40 $28,012.80