5550 E MICHIGAN ST #2112 (MLS: O6393029) For Sale

5550 E MICHIGAN ST #2112, (Orange), Orlando Florida 32822

Currently Rented at $1,600.00 / month

Area: 1107

Property Info

  • MLS O6393029
  • Unit No 2112
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 1107
  • Living Area (sqft) 1107
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $422.87

Interior Features

  • Open Floorplan

Buy Price

$
$189,900.00

Rental Price

$
$1,600.00
  • Cap Rate
  • 5.7%
  • Gross Yield
  • 10.1%
  • Lease End Date
  • -
  • Rent Amount

  • $1,600.00

Cash Flow

Cap Rate5.7 Gross Yield10.1% Annual Rent$19,200.00 Property Taxes$3,308.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $19,200.00 $1,600.00 / mo $96,000.00 $1,600.00 / mo $192,000.00 $1,600.00 / mo
Estimated Expenses $3,308.00 $16,540.00 $33,080.00
Net Cash Flow $15,892.00 $79,460.00 $158,920.00
HOA Fees $5,074.44 $25,372.20 $50,744.40

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