350 E 2ND AVE (MLS: O6285808) For Sale

350 E 2ND AVE, (Volusia), New Smyrna Beach Florida 32169

Currently Rented at $5,300.00 / month

Area: 2586

Property Info

  • MLS O6285808
  • Unit No -
  • Bedrooms 3
  • Bathrooms 3
  • Area (sqft) 2586
  • Living Area (sqft) 1963
  • Foundation Block
  • Min Lease Block

Interior Features

  • Ceiling Fans(s)
  • High Ceilings
  • Kitchen/Family Room Combo
  • Open Floorplan
  • Primary Bedroom Main Floor
  • Solid Surface Counters
  • Solid Wood Cabinets
  • Split Bedroom
  • Stone Counters
  • Thermostat
  • Walk-In Closet(s)

Buy Price

$
$1,026,000.00

Rental Price

$
$5,300.00
  • Cap Rate
  • 5.2%
  • Gross Yield
  • 6.2%
  • Lease End Date
  • -

  • Rent Amount
  • $5,300.00

Cash Flow

Cap Rate5.2 Gross Yield6.2% Annual Rent$63,600.00 Property Taxes$10,649.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $63,600.00 $5,300.00 / mo $318,000.00 $5,300.00 / mo $636,000.00 $5,300.00 / mo
Estimated Expenses $10,649.00 $53,245.00 $106,490.00
Net Cash Flow $52,951.00 $264,755.00 $529,510.00