2404 NORTHLAKE DR NE #2404 (MLS: O6416615) For Sale

2404 NORTHLAKE DR NE #2404, (Seminole), Sanford Florida 32773

Currently Rented at $1,550.00 / month

Area: 1106

Property Info

  • MLS O6416615
  • Unit No 2404
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 1106
  • Living Area (sqft) 912
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $269.00

Interior Features

  • Walk-In Closet(s)

Buy Price

$
$137,500.00

Rental Price

$
$1,550.00
  • Cap Rate
  • 9.6%
  • Gross Yield
  • 13.5%
  • Lease End Date
  • December 30, 2026
  • Rent Amount

  • $1,550.00

Cash Flow

Cap Rate9.6 Gross Yield13.5% Annual Rent$18,600.00 Property Taxes$2,239.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $18,600.00 $1,550.00 / mo $93,000.00 $1,550.00 / mo $186,000.00 $1,550.00 / mo
Estimated Expenses $2,239.00 $11,195.00 $22,390.00
Net Cash Flow $16,361.00 $81,805.00 $163,610.00
HOA Fees $3,228.00 $16,140.00 $32,280.00

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