1371 TUSCAN TER #3307 (MLS: O6371339) For Sale

1371 TUSCAN TER #3307, (Polk), Davenport Florida 33896

Currently Rented at $1,600.00 / month

Area: 1137

Property Info

  • MLS O6371339
  • Unit No 3307
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 1137
  • Living Area (sqft) 1137
  • Foundation Block, Slab
  • Min Lease Block, Slab
  • HOA Fees $450.00

Interior Features

  • Ceiling Fans(s)
  • Elevator

Buy Price

$
$175,000.00

Rental Price

$
$1,600.00
  • Cap Rate
  • 6.5%
  • Gross Yield
  • 11%
  • Lease End Date
  • August 31, 2026
  • Rent Amount

  • $1,600.00

Cash Flow

Cap Rate6.5 Gross Yield11% Annual Rent$19,200.00 Property Taxes$2,344.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $19,200.00 $1,600.00 / mo $96,000.00 $1,600.00 / mo $192,000.00 $1,600.00 / mo
Estimated Expenses $2,344.00 $11,720.00 $23,440.00
Net Cash Flow $16,856.00 $84,280.00 $168,560.00
HOA Fees $5,400.00 $27,000.00 $54,000.00

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