6304 RED HERRING DR (MLS: O6349084) For Sale

6304 RED HERRING DR, (Polk), Winter Haven Florida 33881

Currently Rented at $1,800.00 / month

Area: 1969

Property Info

  • MLS O6349084
  • Unit No -
  • Bedrooms 3
  • Bathrooms 2
  • Area (sqft) 1969
  • Living Area (sqft) 1592
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $14.50

Interior Features

  • Kitchen/Family Room Combo
  • Open Floorplan
  • Primary Bedroom Main Floor
  • Thermostat

Buy Price

$
$230,000.00

Rental Price

$
$1,800.00
  • Cap Rate
  • 6.9%
  • Gross Yield
  • 9.4%
  • Lease End Date
  • February 28, 2026

  • Rent Amount
  • $1,800.00

Cash Flow

Cap Rate6.9 Gross Yield9.4% Annual Rent$21,600.00 Property Taxes$5,550.91 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $21,600.00 $1,800.00 / mo $108,000.00 $1,800.00 / mo $216,000.00 $1,800.00 / mo
Estimated Expenses $5,550.91 $27,754.55 $55,509.10
Net Cash Flow $16,049.09 $80,245.45 $160,490.90
HOA Fees $174.00 $870.00 $1,740.00