1400 N SIMPSON ST (MLS: O6402866) For Sale

1400 N SIMPSON ST, (Lake), Mount Dora Florida 32757

Currently Rented at $1,200.00 / month

Area: 2528

Property Info

  • MLS O6402866
  • Unit No -
  • Bedrooms 3
  • Bathrooms 2
  • Area (sqft) 2528
  • Living Area (sqft) 1488
  • Foundation Block, Slab
  • Min Lease Block, Slab

Interior Features

  • Ceiling Fans(s)
  • Open Floorplan
  • Primary Bedroom Main Floor
  • Split Bedroom

Buy Price

$
$299,000.00

Rental Price

$
$1,200.00
  • Cap Rate
  • 3.9%
  • Gross Yield
  • 4.8%
  • Lease End Date
  • December 31, 2026
  • Rent Amount

  • $1,200.00

Cash Flow

Cap Rate3.9 Gross Yield4.8% Annual Rent$14,400.00 Property Taxes$2,810.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $14,400.00 $1,200.00 / mo $72,000.00 $1,200.00 / mo $144,000.00 $1,200.00 / mo
Estimated Expenses $2,810.00 $14,050.00 $28,100.00
Net Cash Flow $11,590.00 $57,950.00 $115,900.00

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