218 NINE IRON DR (MLS: O6401807) For Sale

218 NINE IRON DR, (Polk), Davenport Florida 33896

Currently Rented at $2,000.00 / month

Area: 1980

Property Info

  • MLS O6401807
  • Unit No -
  • Bedrooms 3
  • Bathrooms 3
  • Area (sqft) 1980
  • Living Area (sqft) 1900
  • Foundation Block
  • Min Lease Block
  • HOA Fees $322.00

Interior Features

  • High Ceilings
  • Living Room/Dining Room Combo
  • Smart Home
  • Thermostat
  • Walk-In Closet(s)

Buy Price

$
$399,000.00

Rental Price

$
$2,000.00
  • Cap Rate
  • 3.6%
  • Gross Yield
  • 6%
  • Lease End Date
  • January 31, 2027
  • Rent Amount

  • $2,000.00

Cash Flow

Cap Rate3.6 Gross Yield6% Annual Rent$24,000.00 Property Taxes$5,630.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $24,000.00 $2,000.00 / mo $120,000.00 $2,000.00 / mo $240,000.00 $2,000.00 / mo
Estimated Expenses $5,630.00 $28,150.00 $56,300.00
Net Cash Flow $18,370.00 $91,850.00 $183,700.00
HOA Fees $3,864.00 $19,320.00 $38,640.00

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