709 SECRET HARBOR LN #213 (MLS: O6394205) For Sale

709 SECRET HARBOR LN #213, (Seminole), Lake Mary Florida 32746

Currently Rented at $1,850.00 / month

Area: 1050

Property Info

  • MLS O6394205
  • Unit No 213
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 1050
  • Living Area (sqft) 954
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $548.23

Interior Features

  • Ceiling Fans(s)

Buy Price

$
$170,000.00

Rental Price

$
$1,850.00
  • Cap Rate
  • 8%
  • Gross Yield
  • 13.1%
  • Lease End Date
  • July 14, 2026

  • Rent Amount
  • $1,850.00

Cash Flow

Cap Rate8.0 Gross Yield13.1% Annual Rent$22,200.00 Property Taxes$1,937.63 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 $1,937.63 $9,688.15 $19,376.30
Net Cash Flow $20,262.37 $101,311.85 $202,623.70
HOA Fees $6,578.76 $32,893.80 $65,787.60