676 SANDY NECK LN #102 (MLS: O6385364) For Sale

676 SANDY NECK LN #102, (Seminole), Altamonte Springs Florida 32714

Currently Rented at $1,995.00 / month

Area: 1230

Property Info

  • MLS O6385364
  • Unit No 102
  • Bedrooms 3
  • Bathrooms 3
  • Area (sqft) 1230
  • Living Area (sqft) 1230
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $580.00

Interior Features

  • Ceiling Fans(s)
  • Solid Surface Counters
  • Split Bedroom
  • Thermostat
  • Window Treatments

Buy Price

$
$255,000.00

Rental Price

$
$1,995.00
  • Cap Rate
  • 5.2%
  • Gross Yield
  • 9.4%
  • Lease End Date
  • April 30, 2027

  • Rent Amount
  • $1,995.00

Cash Flow

Cap Rate5.2 Gross Yield9.4% Annual Rent$23,940.00 Property Taxes$3,839.10 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $23,940.00 $1,995.00 / mo $119,700.00 $1,995.00 / mo $239,400.00 $1,995.00 / mo
Estimated Expenses $3,839.10 $19,195.50 $38,391.00
Net Cash Flow $20,100.90 $100,504.50 $201,009.00
HOA Fees $6,960.00 $34,800.00 $69,600.00