1064 LOTUS PKWY #915 (MLS: O6414382) For Sale

1064 LOTUS PKWY #915, (Seminole), Altamonte Springs Florida 32714

Currently Rented at $1,900.00 / month

Area: 1246

Property Info

  • MLS O6414382
  • Unit No 915
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 1246
  • Living Area (sqft) 1246
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $685.00

Interior Features

  • Ceiling Fans(s)
  • Thermostat
  • Walk-In Closet(s)

Buy Price

$
$160,000.00

Rental Price

$
$1,900.00
  • Cap Rate
  • 7.8%
  • Gross Yield
  • 14.3%
  • Lease End Date
  • September 30, 2026

  • Rent Amount
  • $1,900.00

Cash Flow

Cap Rate7.8 Gross Yield14.3% Annual Rent$22,800.00 Property Taxes$2,090.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $22,800.00 $1,900.00 / mo $114,000.00 $1,900.00 / mo $228,000.00 $1,900.00 / mo
Estimated Expenses $2,090.00 $10,450.00 $20,900.00
Net Cash Flow $20,710.00 $103,550.00 $207,100.00
HOA Fees $8,220.00 $41,100.00 $82,200.00