725 NORTHLAKE BLVD #38 (MLS: O6408737) For Sale

725 NORTHLAKE BLVD #38, (Seminole), Altamonte Springs Florida 32701

Currently Rented at $1,650.00 / month

Area: 1501

Property Info

  • MLS O6408737
  • Unit No 38
  • Bedrooms 3
  • Bathrooms 2
  • Area (sqft) 1501
  • Living Area (sqft) 1200
  • Foundation Concrete Perimeter
  • Min Lease Concrete Perimeter
  • HOA Fees $375.00

Interior Features

  • Living Room/Dining Room Combo
  • Other
  • Primary Bedroom Main Floor
  • Thermostat

Buy Price

$
$190,000.00

Rental Price

$
$1,650.00
  • Cap Rate
  • 6.4%
  • Gross Yield
  • 10.4%
  • Lease End Date
  • September 30, 2026

  • Rent Amount
  • $1,650.00

Cash Flow

Cap Rate6.4 Gross Yield10.4% Annual Rent$19,800.00 Property Taxes$3,204.46 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $19,800.00 $1,650.00 / mo $99,000.00 $1,650.00 / mo $198,000.00 $1,650.00 / mo
Estimated Expenses $3,204.46 $16,022.30 $32,044.60
Net Cash Flow $16,595.54 $82,977.70 $165,955.40
HOA Fees $4,500.00 $22,500.00 $45,000.00