2548 GRASSY POINT DR #202 (MLS: O6353267) For Sale
2548 GRASSY POINT DR #202,
(Seminole),
Lake Mary Florida 32746
Currently Rented at $1,960.50 / month
Area: 1246
- MLS O6353267
- Unit No 202
- Bedrooms 3
- Bathrooms 2
- Area (sqft) 1246
- Living Area (sqft) 1100
- Foundation Slab
- Min Lease Slab
- HOA Fees $629.41
- Ceiling Fans(s)
- Kitchen/Family Room Combo
- Living Room/Dining Room Combo
- Solid Surface Counters
- Thermostat
- Walk-In Closet(s)
Cash Flow
|
Cap Rate7.4
|
Gross Yield13.1%
|
Annual Rent$23,526.00
|
Property Taxes$2,655.25
|
Operating Expenses0
|
|
|
|
|
Year 1 |
Year 5 |
Year 10 |
| Expected Rent |
|
|
|
$23,526.00 $1,960.50 / mo
|
$117,630.00 $1,960.50 / mo
|
$235,260.00 $1,960.50 / mo
|
| Estimated Expenses |
|
|
|
$2,655.25 |
$13,276.25 |
$26,552.50 |
| Net Cash Flow |
|
|
|
$20,870.75 |
$104,353.75 |
$208,707.50 |
| HOA Fees |
|
|
|
$7,552.92 |
$37,764.60 |
$75,529.20 |
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