2521 GRASSY POINT DR #101 (MLS: O6389138) For Sale

2521 GRASSY POINT DR #101, (Seminole), Lake Mary Florida 32746

Currently Rented at $1,350.00 / month

Area: 588

Property Info

  • MLS O6389138
  • Unit No 101
  • Bedrooms 1
  • Bathrooms 1
  • Area (sqft) 588
  • Living Area (sqft) 588
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $335.28

Interior Features

  • Ceiling Fans(s)
  • Open Floorplan

Buy Price

$
$139,900.00

Rental Price

$
$1,350.00
  • Cap Rate
  • 7.6%
  • Gross Yield
  • 11.6%
  • Lease End Date
  • June 30, 2026

  • Rent Amount
  • $1,350.00

Cash Flow

Cap Rate7.6 Gross Yield11.6% Annual Rent$16,200.00 Property Taxes$1,513.00 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 $1,513.00 $7,565.00 $15,130.00
Net Cash Flow $14,687.00 $73,435.00 $146,870.00
HOA Fees $4,023.36 $20,116.80 $40,233.60