2406 S LAKE AVE (MLS: O6333877) For Sale

2406 S LAKE AVE, (Seminole), Sanford Florida 32771

Currently Rented at $2,200.00 / month

Area: 1404

Property Info

  • MLS O6333877
  • Unit No -
  • Bedrooms 3
  • Bathrooms 2
  • Area (sqft) 1404
  • Living Area (sqft) 1111
  • Foundation Slab
  • Min Lease Slab

Interior Features

  • Eat-in Kitchen

Buy Price

$
$285,000.00

Rental Price

$
$2,200.00
  • Cap Rate
  • 9.1%
  • Gross Yield
  • 9.3%
  • Lease End Date
  • April 30, 2026

  • Rent Amount
  • $2,200.00

Cash Flow

Cap Rate9.1 Gross Yield9.3% Annual Rent$26,400.00 Property Taxes$537.77 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $26,400.00 $2,200.00 / mo $132,000.00 $2,200.00 / mo $264,000.00 $2,200.00 / mo
Estimated Expenses $537.77 $2,688.85 $5,377.70
Net Cash Flow $25,862.23 $129,311.15 $258,622.30