613 E RIDGEWOOD ST #2 (MLS: O6380664) For Sale

613 E RIDGEWOOD ST #2, (Orange), Orlando Florida 32803

Currently Rented at $1,745.00 / month

Area: 685

Property Info

  • MLS O6380664
  • Unit No 2
  • Bedrooms 1
  • Bathrooms 1
  • Area (sqft) 685
  • Living Area (sqft) 685
  • Foundation Crawlspace
  • Min Lease Crawlspace
  • HOA Fees $300.00

Interior Features

  • Ceiling Fans(s)
  • Crown Molding
  • High Ceilings
  • Kitchen/Family Room Combo
  • Open Floorplan
  • Stone Counters
  • Window Treatments

Buy Price

$
$229,800.00

Rental Price

$
$1,745.00
  • Cap Rate
  • 6.2%
  • Gross Yield
  • 9.1%
  • Lease End Date
  • April 30, 2026

  • Rent Amount
  • $1,745.00

Cash Flow

Cap Rate6.2 Gross Yield9.1% Annual Rent$20,940.00 Property Taxes$3,122.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $20,940.00 $1,745.00 / mo $104,700.00 $1,745.00 / mo $209,400.00 $1,745.00 / mo
Estimated Expenses $3,122.00 $15,610.00 $31,220.00
Net Cash Flow $17,818.00 $89,090.00 $178,180.00
HOA Fees $3,600.00 $18,000.00 $36,000.00