205 NORTHLAKE DR #205 (MLS: O6340040) For Sale

205 NORTHLAKE DR #205, (Seminole), Sanford Florida 32773

Currently Rented at $1,700.00 / month

Area: 912

Property Info

  • MLS O6340040
  • Unit No 205
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 912
  • Living Area (sqft) 912
  • Foundation Other
  • Min Lease Other
  • HOA Fees $300.00

Interior Features

  • Ceiling Fans(s)
  • Walk-In Closet(s)

Buy Price

$
$145,000.00

Rental Price

$
$1,700.00
  • Cap Rate
  • 10.3%
  • Gross Yield
  • 14.1%
  • Lease End Date
  • March 31, 2026

  • Rent Amount
  • $1,700.00

Cash Flow

Cap Rate10.3 Gross Yield14.1% Annual Rent$20,400.00 Property Taxes$1,918.05 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $20,400.00 $1,700.00 / mo $102,000.00 $1,700.00 / mo $204,000.00 $1,700.00 / mo
Estimated Expenses $1,918.05 $9,590.25 $19,180.50
Net Cash Flow $18,481.95 $92,409.75 $184,819.50
HOA Fees $3,600.00 $18,000.00 $36,000.00