3700 MESSINA DR (MLS: O6337145) For Sale

3700 MESSINA DR, (Seminole), Lake Mary Florida 32746

Currently Rented at $2,800.00 / month

Area: 2132

Property Info

  • MLS O6337145
  • Unit No -
  • Bedrooms 4
  • Bathrooms 4
  • Area (sqft) 2132
  • Living Area (sqft) 2132
  • Foundation Block
  • Min Lease Block
  • HOA Fees $575.00

Interior Features

  • Ceiling Fans(s)
  • Crown Molding
  • Eat-in Kitchen
  • Elevator
  • Kitchen/Family Room Combo
  • Living Room/Dining Room Combo
  • Open Floorplan
  • PrimaryBedroom Upstairs
  • Solid Surface Counters
  • Solid Wood Cabinets
  • Thermostat
  • Vaulted Ceiling(s)
  • Walk-In Closet(s)
  • Wi

Buy Price

$
$423,999.00

Rental Price

$
$2,800.00
  • Cap Rate
  • 5%
  • Gross Yield
  • 7.9%
  • Lease End Date
  • -

  • Rent Amount
  • $2,800.00

Cash Flow

Cap Rate5.0 Gross Yield7.9% Annual Rent$33,600.00 Property Taxes$5,299.92 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $33,600.00 $2,800.00 / mo $168,000.00 $2,800.00 / mo $336,000.00 $2,800.00 / mo
Estimated Expenses $5,299.92 $26,499.60 $52,999.20
Net Cash Flow $28,300.08 $141,500.40 $283,000.80
HOA Fees $6,900.00 $34,500.00 $69,000.00