124 LANCASTER DR (MLS: O6377779) For Sale

124 LANCASTER DR, (Polk), Davenport Florida 33897

Currently Rented at $2,600.00 / month

Area: 2244

Property Info

  • MLS O6377779
  • Unit No -
  • Bedrooms 3
  • Bathrooms 2
  • Area (sqft) 2244
  • Living Area (sqft) 1728
  • Foundation Block, Concrete Perimeter, Slab
  • Min Lease Block, Concrete Perimeter, Slab
  • HOA Fees $181.67

Interior Features

  • High Ceilings
  • Ninguno
  • Split Bedroom
  • Walk-In Closet(s)

Buy Price

$
$385,000.00

Rental Price

$
$2,600.00
  • Cap Rate
  • 6.4%
  • Gross Yield
  • 8.1%
  • Lease End Date
  • December 31, 2026

  • Rent Amount
  • $2,600.00

Cash Flow

Cap Rate6.4 Gross Yield8.1% Annual Rent$31,200.00 Property Taxes$4,334.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $31,200.00 $2,600.00 / mo $156,000.00 $2,600.00 / mo $312,000.00 $2,600.00 / mo
Estimated Expenses $4,334.00 $21,670.00 $43,340.00
Net Cash Flow $26,866.00 $134,330.00 $268,660.00
HOA Fees $2,180.04 $10,900.20 $21,800.40