5550 E MICHIGAN ST #2114 (MLS: O6294673) For Sale

5550 E MICHIGAN ST #2114, (Orange), Orlando Florida 32822

Currently Rented at $1,700.00 / month

Area: -

Property Info

  • MLS O6294673
  • Unit No 2114
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) -
  • Living Area (sqft) 1054
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $401.83

Interior Features

  • Ninguno

Buy Price

$
$235,000.00

Rental Price

$
$1,700.00
  • Cap Rate
  • 5.4%
  • Gross Yield
  • 8.7%
  • Lease End Date
  • July 31, 2025

  • Rent Amount
  • $1,700.00

Cash Flow

Cap Rate5.4 Gross Yield8.7% Annual Rent$20,400.00 Property Taxes$2,857.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $20,400.00 $1,700.00 / mo $102,000.00 $1,700.00 / mo $204,000.00 $1,700.00 / mo
Estimated Expenses $2,857.00 $14,285.00 $28,570.00
Net Cash Flow $17,543.00 $87,715.00 $175,430.00
HOA Fees $4,821.96 $24,109.80 $48,219.60