50989 HIGHWAY 27 #360 (MLS: O6408632) For Sale

50989 HIGHWAY 27 #360, (Polk), Davenport Florida 33897

Currently Rented at $2,195.00 / month

Area: 1860

Property Info

  • MLS O6408632
  • Unit No 360
  • Bedrooms 3
  • Bathrooms 2
  • Area (sqft) 1860
  • Living Area (sqft) 1437
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $223.00

Interior Features

  • Ceiling Fans(s)
  • Living Room/Dining Room Combo
  • Open Floorplan
  • Primary Bedroom Main Floor
  • Walk-In Closet(s)

Buy Price

$
$350,000.00

Rental Price

$
$2,195.00
  • Cap Rate
  • 5.6%
  • Gross Yield
  • 7.5%
  • Lease End Date
  • June 30, 2026

  • Rent Amount
  • $2,195.00

Cash Flow

Cap Rate5.6 Gross Yield7.5% Annual Rent$26,340.00 Property Taxes$3,913.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $26,340.00 $2,195.00 / mo $131,700.00 $2,195.00 / mo $263,400.00 $2,195.00 / mo
Estimated Expenses $3,913.00 $19,565.00 $39,130.00
Net Cash Flow $22,427.00 $112,135.00 $224,270.00
HOA Fees $2,676.00 $13,380.00 $26,760.00