1808 NORTHLAKE DR #1808 (MLS: O6414433) For Sale

1808 NORTHLAKE DR #1808, (Seminole), Sanford Florida 32773

Currently Rented at $1,395.00 / month

Area: 1120

Property Info

  • MLS O6414433
  • Unit No 1808
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 1120
  • Living Area (sqft) 912
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $223.00

Interior Features

  • Cathedral Ceiling(s)
  • Ceiling Fans(s)
  • Open Floorplan
  • Thermostat
  • Vaulted Ceiling(s)
  • Walk-In Closet(s)

Buy Price

$
$148,900.00

Rental Price

$
$1,395.00
  • Cap Rate
  • 8.1%
  • Gross Yield
  • 11.2%
  • Lease End Date
  • August 31, 2027
  • Rent Amount

  • $1,395.00

Cash Flow

Cap Rate8.1 Gross Yield11.2% Annual Rent$16,740.00 Property Taxes$2,007.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $16,740.00 $1,395.00 / mo $83,700.00 $1,395.00 / mo $167,400.00 $1,395.00 / mo
Estimated Expenses $2,007.00 $10,035.00 $20,070.00
Net Cash Flow $14,733.00 $73,665.00 $147,330.00
HOA Fees $2,676.00 $13,380.00 $26,760.00

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