709 SECRET HARBOR LN #107 (MLS: O6331699) For Sale

709 SECRET HARBOR LN #107, (Seminole), Lake Mary Florida 32746

Currently Rented at $1,500.00 / month

Area: 1050

Property Info

  • MLS O6331699
  • Unit No 107
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 1050
  • Living Area (sqft) 954
  • Foundation Slab
  • Min Lease -
  • HOA Fees $548.23

Interior Features

  • Ceiling Fans(s)

Buy Price

$
$179,900.00

Rental Price

$
$1,500.00
  • Cap Rate
  • 5.3%
  • Gross Yield
  • 10%
  • Lease End Date
  • January 31, 2026

  • Rent Amount
  • $1,500.00

Cash Flow

Cap Rate5.3 Gross Yield10% Annual Rent$18,000.00 Property Taxes$1,948.00 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 $1,948.00 $9,740.00 $19,480.00
Net Cash Flow $16,052.00 $80,260.00 $160,520.00
HOA Fees $6,578.76 $32,893.80 $65,787.60