670 SANDY NECK LN #202 (MLS: O6390408) For Sale

670 SANDY NECK LN #202, (Seminole), Altamonte Springs Florida 32714

Currently Rented at $1,850.00 / month

Area: 1400

Property Info

  • MLS O6390408
  • Unit No 202
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 1400
  • Living Area (sqft) 1170
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $680.00

Interior Features

  • Ceiling Fans(s)
  • Walk-In Closet(s)

Buy Price

$
$145,000.00

Rental Price

$
$1,850.00
  • Cap Rate
  • 8.2%
  • Gross Yield
  • 15.3%
  • Lease End Date
  • December 31, 2026

  • Rent Amount
  • $1,850.00

Cash Flow

Cap Rate8.2 Gross Yield15.3% Annual Rent$22,200.00 Property Taxes$2,142.16 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $22,200.00 $1,850.00 / mo $111,000.00 $1,850.00 / mo $222,000.00 $1,850.00 / mo
Estimated Expenses $2,142.16 $10,710.80 $21,421.60
Net Cash Flow $20,057.84 $100,289.20 $200,578.40
HOA Fees $8,160.00 $40,800.00 $81,600.00