5550 E MICHIGAN ST #2114 (MLS: O6376306) For Sale
5550 E MICHIGAN ST #2114,
(Orange),
Orlando Florida 32822
Currently Rented at $1,700.00 / month
Area: 1054
- MLS O6376306
- Unit No 2114
- Bedrooms 2
- Bathrooms 2
- Area (sqft) 1054
- Living Area (sqft) 1054
- Foundation Slab
- Min Lease Slab
- HOA Fees $402.00
- Ceiling Fans(s)
- Other
- Thermostat
Cash Flow
|
Cap Rate5.8
|
Gross Yield9.4%
|
Annual Rent$20,400.00
|
Property Taxes$3,091.57
|
Operating Expenses0
|
|
|
|
|
Year 1 |
Year 5 |
Year 10 |
| Expected Rent |
|
|
|
$20,400.00 $1,700.00 / mo
|
$102,000.00 $1,700.00 / mo
|
$204,000.00 $1,700.00 / mo
|
| Estimated Expenses |
|
|
|
$3,091.57 |
$15,457.85 |
$30,915.70 |
| Net Cash Flow |
|
|
|
$17,308.43 |
$86,542.15 |
$173,084.30 |
| HOA Fees |
|
|
|
$4,824.00 |
$24,120.00 |
$48,240.00 |
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