1612 S PINE RIDGE CIR #1612 (MLS: O6419356) For Sale

1612 S PINE RIDGE CIR #1612, (Seminole), Sanford Florida 32773

Currently Rented at $1,500.00 / month

Area: 975

Property Info

  • MLS O6419356
  • Unit No 1612
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 975
  • Living Area (sqft) 975
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $501.00

Interior Features

  • Ceiling Fans(s)
  • Living Room/Dining Room Combo

Buy Price

$
$179,000.00

Rental Price

$
$1,500.00
  • Cap Rate
  • 5.5%
  • Gross Yield
  • 10.1%
  • Lease End Date
  • March 31, 2027

  • Rent Amount
  • $1,500.00

Cash Flow

Cap Rate5.5 Gross Yield10.1% Annual Rent$18,000.00 Property Taxes$2,101.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $18,000.00 $1,500.00 / mo $90,000.00 $1,500.00 / mo $180,000.00 $1,500.00 / mo
Estimated Expenses $2,101.00 $10,505.00 $21,010.00
Net Cash Flow $15,899.00 $79,495.00 $158,990.00
HOA Fees $6,012.00 $30,060.00 $60,120.00