1551 OBSERVER LN (MLS: O6289980) For Sale

1551 OBSERVER LN, (Polk), Davenport Florida 33896

Currently Rented at $4,700.00 / month

Area: -

Property Info

  • MLS O6289980
  • Unit No -
  • Bedrooms 8
  • Bathrooms 5
  • Area (sqft) -
  • Living Area (sqft) 3909
  • Foundation Other
  • Min Lease Other
  • HOA Fees $550.00

Interior Features

  • Ceiling Fans(s)
  • High Ceilings
  • Living Room/Dining Room Combo
  • Solid Wood Cabinets
  • Stone Counters
  • Walk-In Closet(s)
  • Window Treatments

Buy Price

$
$708,000.00

Rental Price

$
$4,700.00
  • Cap Rate
  • 5.6%
  • Gross Yield
  • 8%
  • Lease End Date
  • March 22, 2025

  • Rent Amount
  • $4,700.00

Cash Flow

Cap Rate5.6 Gross Yield8% Annual Rent$56,400.00 Property Taxes$10,438.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $56,400.00 $4,700.00 / mo $282,000.00 $4,700.00 / mo $564,000.00 $4,700.00 / mo
Estimated Expenses $10,438.00 $52,190.00 $104,380.00
Net Cash Flow $45,962.00 $229,810.00 $459,620.00
HOA Fees $6,600.00 $33,000.00 $66,000.00