1229 RED HILL RD (MLS: O6371495) For Sale

1229 RED HILL RD, (Polk), Davenport Florida 33837

Currently Rented at $2,400.00 / month

Area: 6077

Property Info

  • MLS O6371495
  • Unit No -
  • Bedrooms 4
  • Bathrooms 2
  • Area (sqft) 6077
  • Living Area (sqft) 1867
  • Foundation Block
  • Min Lease -
  • HOA Fees $12.33

Interior Features

  • Ceiling Fans(s)
  • Smart Home
  • Thermostat
  • Walk-In Closet(s)

Buy Price

$
$355,000.00

Rental Price

$
$2,400.00
  • Cap Rate
  • 5.6%
  • Gross Yield
  • 8.1%
  • Lease End Date
  • June 01, 2026

  • Rent Amount
  • $2,400.00

Cash Flow

Cap Rate5.6 Gross Yield8.1% Annual Rent$28,800.00 Property Taxes$8,755.34 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $28,800.00 $2,400.00 / mo $144,000.00 $2,400.00 / mo $288,000.00 $2,400.00 / mo
Estimated Expenses $8,755.34 $43,776.70 $87,553.40
Net Cash Flow $20,044.66 $100,223.30 $200,446.60
HOA Fees $147.96 $739.80 $1,479.60