220 E DESOTO ST #4 (MLS: O6348764) For Sale

220 E DESOTO ST #4, (Lake), Clermont Florida 34711

Currently Rented at $1,960.00 / month

Area: 1488

Property Info

  • MLS O6348764
  • Unit No 4
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 1488
  • Living Area (sqft) 1242
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $200.00

Interior Features

  • Ceiling Fans(s)
  • High Ceilings
  • Open Floorplan
  • Stone Counters
  • Thermostat
  • Tray Ceiling(s)
  • Walk-In Closet(s)

Buy Price

$
$280,000.00

Rental Price

$
$1,960.00
  • Cap Rate
  • 6.7%
  • Gross Yield
  • 8.4%
  • Lease End Date
  • -

  • Rent Amount
  • $1,960.00

Cash Flow

Cap Rate6.7 Gross Yield8.4% Annual Rent$23,520.00 Property Taxes$2,289.96 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $23,520.00 $1,960.00 / mo $117,600.00 $1,960.00 / mo $235,200.00 $1,960.00 / mo
Estimated Expenses $2,289.96 $11,449.80 $22,899.60
Net Cash Flow $21,230.04 $106,150.20 $212,300.40
HOA Fees $2,400.00 $12,000.00 $24,000.00