707 MICHIGAN CT #2 (MLS: O6303118) For Sale

707 MICHIGAN CT #2, (Osceola), Saint Cloud Florida 34769

Currently Rented at $1,500.00 / month

Area: -

Property Info

  • MLS O6303118
  • Unit No 2
  • Bedrooms 2
  • Bathrooms 1
  • Area (sqft) -
  • Living Area (sqft) 784
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $300.00

Interior Features

  • Eat-in Kitchen
  • Kitchen/Family Room Combo
  • Thermostat
  • Window Treatments

Buy Price

$
$145,000.00

Rental Price

$
$1,500.00
  • Cap Rate
  • 8.9%
  • Gross Yield
  • 12.4%
  • Lease End Date
  • -

  • Rent Amount
  • $1,500.00

Cash Flow

Cap Rate8.9 Gross Yield12.4% Annual Rent$18,000.00 Property Taxes$1,532.91 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $18,000.00 $1,500.00 / mo $90,000.00 $1,500.00 / mo $180,000.00 $1,500.00 / mo
Estimated Expenses $1,532.91 $7,664.55 $15,329.10
Net Cash Flow $16,467.09 $82,335.45 $164,670.90
HOA Fees $3,600.00 $18,000.00 $36,000.00