420 SUMMIT RIDGE PL #200 (MLS: O6323577) For Sale

420 SUMMIT RIDGE PL #200, (Seminole), Longwood Florida 32779

Currently Rented at $1,950.00 / month

Area: -

Property Info

  • MLS O6323577
  • Unit No 200
  • Bedrooms 3
  • Bathrooms 2
  • Area (sqft) -
  • Living Area (sqft) 1586
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $605.53

Interior Features

  • Ceiling Fans(s)

Buy Price

$
$244,000.00

Rental Price

$
$1,950.00
  • Cap Rate
  • 5.6%
  • Gross Yield
  • 9.6%
  • Lease End Date
  • June 30, 2026

  • Rent Amount
  • $1,950.00

Cash Flow

Cap Rate5.6 Gross Yield9.6% Annual Rent$23,400.00 Property Taxes$2,539.28 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $23,400.00 $1,950.00 / mo $117,000.00 $1,950.00 / mo $234,000.00 $1,950.00 / mo
Estimated Expenses $2,539.28 $12,696.40 $25,392.80
Net Cash Flow $20,860.72 $104,303.60 $208,607.20
HOA Fees $7,266.36 $36,331.80 $72,663.60