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

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

Currently Rented at $1,650.00 / 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

$
$162,000.00

Rental Price

$
$1,650.00
  • Cap Rate
  • 9.3%
  • Gross Yield
  • 12.2%
  • Lease End Date
  • July 31, 2026

  • Rent Amount
  • $1,650.00

Cash Flow

Cap Rate9.3 Gross Yield12.2% Annual Rent$19,800.00 Property Taxes$2,007.00 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 $2,007.00 $10,035.00 $20,070.00
Net Cash Flow $17,793.00 $88,965.00 $177,930.00
HOA Fees $2,676.00 $13,380.00 $26,760.00