495 LAS CORTES LN #206 (MLS: O6304359) For Sale

495 LAS CORTES LN #206, (Orange), Orlando Florida 32824

Currently Rented at $2,000.00 / month

Area: -

Property Info

  • MLS O6304359
  • Unit No 206
  • Bedrooms 3
  • Bathrooms 2
  • Area (sqft) -
  • Living Area (sqft) 1200
  • Foundation Crawlspace
  • Min Lease Crawlspace
  • HOA Fees $144.00

Interior Features

  • Ceiling Fans(s)
  • Living Room/Dining Room Combo
  • Open Floorplan
  • Split Bedroom
  • Walk-In Closet(s)

Buy Price

$
$229,900.00

Rental Price

$
$2,000.00
  • Cap Rate
  • 8.5%
  • Gross Yield
  • 10.4%
  • Lease End Date
  • June 30, 2025

  • Rent Amount
  • $2,000.00

Cash Flow

Cap Rate8.5 Gross Yield10.4% Annual Rent$24,000.00 Property Taxes$2,838.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $24,000.00 $2,000.00 / mo $120,000.00 $2,000.00 / mo $240,000.00 $2,000.00 / mo
Estimated Expenses $2,838.00 $14,190.00 $28,380.00
Net Cash Flow $21,162.00 $105,810.00 $211,620.00
HOA Fees $1,728.00 $8,640.00 $17,280.00