987 FERN AVE #301 (MLS: O6338667) For Sale

987 FERN AVE #301, (Orange), Orlando Florida 32814

Currently Rented at $2,950.00 / month

Area: 1434

Property Info

  • MLS O6338667
  • Unit No 301
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 1434
  • Living Area (sqft) 1434
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $714.00

Interior Features

  • Eat-in Kitchen
  • High Ceilings
  • Kitchen/Family Room Combo
  • Open Floorplan
  • Solid Surface Counters
  • Split Bedroom
  • Walk-In Closet(s)
  • Window Treatments

Buy Price

$
$529,000.00

Rental Price

$
$2,950.00
  • Cap Rate
  • 3.3%
  • Gross Yield
  • 6.7%
  • Lease End Date
  • November 17, 2025

  • Rent Amount
  • $2,950.00

Cash Flow

Cap Rate3.3 Gross Yield6.7% Annual Rent$35,400.00 Property Taxes$9,389.13 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $35,400.00 $2,950.00 / mo $177,000.00 $2,950.00 / mo $354,000.00 $2,950.00 / mo
Estimated Expenses $9,389.13 $46,945.65 $93,891.30
Net Cash Flow $26,010.87 $130,054.35 $260,108.70
HOA Fees $8,568.00 $42,840.00 $85,680.00