204 TERRACE RIDGE CIR #204 (MLS: O6303800) For Sale

204 TERRACE RIDGE CIR #204, (Polk), Davenport Florida 33896

Currently Rented at $1,900.00 / month

Area: -

Property Info

  • MLS O6303800
  • Unit No 204
  • Bedrooms 4
  • Bathrooms 2
  • Area (sqft) -
  • Living Area (sqft) 1688
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $732.00

Interior Features

  • High Ceilings
  • Living Room/Dining Room Combo
  • Thermostat
  • Walk-In Closet(s)

Buy Price

$
$269,900.00

Rental Price

$
$1,900.00
  • Cap Rate
  • 4.2%
  • Gross Yield
  • 8.4%
  • Lease End Date
  • January 31, 2026

  • Rent Amount
  • $1,900.00

Cash Flow

Cap Rate4.2 Gross Yield8.4% Annual Rent$22,800.00 Property Taxes$2,783.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $22,800.00 $1,900.00 / mo $114,000.00 $1,900.00 / mo $228,000.00 $1,900.00 / mo
Estimated Expenses $2,783.00 $13,915.00 $27,830.00
Net Cash Flow $20,017.00 $100,085.00 $200,170.00
HOA Fees $8,784.00 $43,920.00 $87,840.00