804 WASHINGTON PALM LOOP #804 (MLS: O6417425) For Sale

804 WASHINGTON PALM LOOP #804, (Polk), Davenport Florida 33897

Currently Rented at $1,400.00 / month

Area: 1907

Property Info

  • MLS O6417425
  • Unit No 804
  • Bedrooms 4
  • Bathrooms 3
  • Area (sqft) 1907
  • Living Area (sqft) 1887
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $150.00

Interior Features

  • Ceiling Fans(s)

Buy Price

$
$300,000.00

Rental Price

$
$1,400.00
  • Cap Rate
  • 3.7%
  • Gross Yield
  • 5.6%
  • Lease End Date
  • March 31, 2026

  • Rent Amount
  • $1,400.00

Cash Flow

Cap Rate3.7 Gross Yield5.6% Annual Rent$16,800.00 Property Taxes$3,867.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $16,800.00 $1,400.00 / mo $84,000.00 $1,400.00 / mo $168,000.00 $1,400.00 / mo
Estimated Expenses $3,867.00 $19,335.00 $38,670.00
Net Cash Flow $12,933.00 $64,665.00 $129,330.00
HOA Fees $1,800.00 $9,000.00 $18,000.00