1137 NE 4TH PL (MLS: O6384088) For Sale

1137 NE 4TH PL, (Lee), Cape Coral Florida 33909

Currently Rented at $2,600.00 / month

Area: 3066

Property Info

  • MLS O6384088
  • Unit No -
  • Bedrooms 4
  • Bathrooms 2
  • Area (sqft) 3066
  • Living Area (sqft) 2557
  • Foundation Slab
  • Min Lease Slab

Interior Features

  • Built-in Features
  • Ceiling Fans(s)
  • High Ceilings
  • Open Floorplan
  • Primary Bedroom Main Floor
  • Tray Ceiling(s)
  • Vaulted Ceiling(s)
  • Walk-In Closet(s)
  • Window Treatments

Buy Price

$
$411,990.00

Rental Price

$
$2,600.00
  • Cap Rate
  • 5.1%
  • Gross Yield
  • 7.6%
  • Lease End Date
  • February 28, 2026

  • Rent Amount
  • $2,600.00

Cash Flow

Cap Rate5.1 Gross Yield7.6% Annual Rent$31,200.00 Property Taxes$10,232.00 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 $10,232.00 $51,160.00 $102,320.00
Net Cash Flow $20,968.00 $104,840.00 $209,680.00