394 MADISON DR (MLS: O6386492) For Sale

394 MADISON DR, (Polk), Davenport Florida 33837

Currently Rented at $1,700.00 / month

Area: 1680

Property Info

  • MLS O6386492
  • Unit No -
  • Bedrooms 3
  • Bathrooms 3
  • Area (sqft) 1680
  • Living Area (sqft) 1404
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $302.00

Interior Features

  • Ceiling Fans(s)
  • Kitchen/Family Room Combo
  • Open Floorplan
  • PrimaryBedroom Upstairs
  • Solid Surface Counters
  • Thermostat
  • Walk-In Closet(s)

Buy Price

$
$250,000.00

Rental Price

$
$1,700.00
  • Cap Rate
  • 5.3%
  • Gross Yield
  • 8.2%
  • Lease End Date
  • June 30, 2026

  • Rent Amount
  • $1,700.00

Cash Flow

Cap Rate5.3 Gross Yield8.2% Annual Rent$20,400.00 Property Taxes$3,535.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $20,400.00 $1,700.00 / mo $102,000.00 $1,700.00 / mo $204,000.00 $1,700.00 / mo
Estimated Expenses $3,535.00 $17,675.00 $35,350.00
Net Cash Flow $16,865.00 $84,325.00 $168,650.00
HOA Fees $3,624.00 $18,120.00 $36,240.00