94 SPRING LAKE DR #203 (MLS: O6400987) For Sale

94 SPRING LAKE DR #203, (Indian River), Vero Beach Florida 32962

Currently Rented at $1,295.00 / month

Area: 750

Property Info

  • MLS O6400987
  • Unit No 203
  • Bedrooms 1
  • Bathrooms 2
  • Area (sqft) 750
  • Living Area (sqft) 750
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $528.00

Interior Features

  • Ceiling Fans(s)
  • Chair Rail
  • Crown Molding
  • Living Room/Dining Room Combo
  • Primary Bedroom Main Floor
  • Solid Surface Counters
  • Thermostat
  • Window Treatments

Buy Price

$
$85,900.00

Rental Price

$
$1,295.00
  • Cap Rate
  • 9.1%
  • Gross Yield
  • 18.1%
  • Lease End Date
  • -
  • Rent Amount

  • $1,295.00

Cash Flow

Cap Rate9.1 Gross Yield18.1% Annual Rent$15,540.00 Property Taxes$1,367.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $15,540.00 $1,295.00 / mo $77,700.00 $1,295.00 / mo $155,400.00 $1,295.00 / mo
Estimated Expenses $1,367.00 $6,835.00 $13,670.00
Net Cash Flow $14,173.00 $70,865.00 $141,730.00
HOA Fees $6,336.00 $31,680.00 $63,360.00

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