2521 GRASSY POINT DR #105 (MLS: O6360713) For Sale

2521 GRASSY POINT DR #105, (Seminole), Lake Mary Florida 32746

Currently Rented at $1,250.00 / month

Area: 702

Property Info

  • MLS O6360713
  • Unit No 105
  • Bedrooms 1
  • Bathrooms 1
  • Area (sqft) 702
  • Living Area (sqft) 588
  • Foundation Block
  • Min Lease Block
  • HOA Fees $334.68

Interior Features

  • Ceiling Fans(s)
  • Primary Bedroom Main Floor
  • Walk-In Closet(s)

Buy Price

$
$144,900.00

Rental Price

$
$1,250.00
  • Cap Rate
  • 6.7%
  • Gross Yield
  • 10.4%
  • Lease End Date
  • February 14, 2026

  • Rent Amount
  • $1,250.00

Cash Flow

Cap Rate6.7 Gross Yield10.4% Annual Rent$15,000.00 Property Taxes$1,253.58 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $15,000.00 $1,250.00 / mo $75,000.00 $1,250.00 / mo $150,000.00 $1,250.00 / mo
Estimated Expenses $1,253.58 $6,267.90 $12,535.80
Net Cash Flow $13,746.42 $68,732.10 $137,464.20
HOA Fees $4,016.16 $20,080.80 $40,161.60