694 MICHIGAN CT #1 (MLS: O6380294) For Sale

694 MICHIGAN CT #1, (Osceola), Saint Cloud Florida 34769

Currently Rented at $1,350.00 / month

Area: 784

Property Info

  • MLS O6380294
  • Unit No 1
  • Bedrooms 2
  • Bathrooms 1
  • Area (sqft) 784
  • Living Area (sqft) 784
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $300.00

Interior Features

  • Ceiling Fans(s)

Buy Price

$
$130,000.00

Rental Price

$
$1,350.00
  • Cap Rate
  • 8.2%
  • Gross Yield
  • 12.5%
  • Lease End Date
  • -

  • Rent Amount
  • $1,350.00

Cash Flow

Cap Rate8.2 Gross Yield12.5% Annual Rent$16,200.00 Property Taxes$1,976.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $16,200.00 $1,350.00 / mo $81,000.00 $1,350.00 / mo $162,000.00 $1,350.00 / mo
Estimated Expenses $1,976.00 $9,880.00 $19,760.00
Net Cash Flow $14,224.00 $71,120.00 $142,240.00
HOA Fees $3,600.00 $18,000.00 $36,000.00