5550 E MICHIGAN ST #2202 (MLS: O6294608) For Sale

5550 E MICHIGAN ST #2202, (Orange), Orlando Florida 32822

Currently Rented at $1,400.00 / month

Area: -

Property Info

  • MLS O6294608
  • Unit No 2202
  • Bedrooms 1
  • Bathrooms 1
  • Area (sqft) -
  • Living Area (sqft) 846
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $322.67

Interior Features

  • Ceiling Fans(s)
  • Solid Surface Counters

Buy Price

$
$165,000.00

Rental Price

$
$1,400.00
  • Cap Rate
  • 6.5%
  • Gross Yield
  • 10.2%
  • Lease End Date
  • June 30, 2025

  • Rent Amount
  • $1,400.00

Cash Flow

Cap Rate6.5 Gross Yield10.2% Annual Rent$16,800.00 Property Taxes$2,217.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $16,800.00 $1,400.00 / mo $84,000.00 $1,400.00 / mo $168,000.00 $1,400.00 / mo
Estimated Expenses $2,217.00 $11,085.00 $22,170.00
Net Cash Flow $14,583.00 $72,915.00 $145,830.00
HOA Fees $3,872.04 $19,360.20 $38,720.40