18505 CRONIN SAND LN (MLS: O6427759) For Sale

18505 CRONIN SAND LN, (Lee), North Fort Myers Florida 33917

Currently Rented at $2,000.00 / month

Area: 2007

Property Info

  • MLS O6427759
  • Unit No -
  • Bedrooms 3
  • Bathrooms 2
  • Area (sqft) 2007
  • Living Area (sqft) 1427
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $48.33

Interior Features

  • Eat-in Kitchen
  • Living Room/Dining Room Combo
  • Open Floorplan
  • Primary Bedroom Main Floor

Buy Price

$
$295,000.00

Rental Price

$
$2,000.00
  • Cap Rate
  • 5.5%
  • Gross Yield
  • 8.1%
  • Lease End Date
  • May 31, 2027
  • Rent Amount

  • $2,000.00

Cash Flow

Cap Rate5.5 Gross Yield8.1% Annual Rent$24,000.00 Property Taxes$7,054.26 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $24,000.00 $2,000.00 / mo $120,000.00 $2,000.00 / mo $240,000.00 $2,000.00 / mo
Estimated Expenses $7,054.26 $35,271.30 $70,542.60
Net Cash Flow $16,945.74 $84,728.70 $169,457.40
HOA Fees $579.96 $2,899.80 $5,799.60

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