2929 NORDMAN AVE (MLS: O6444628) For Sale

2929 NORDMAN AVE, (Volusia), New Smyrna Beach Florida 32168

Currently Rented at $1,800.00 / month

Area: 1421

Property Info

  • MLS O6444628
  • Unit No -
  • Bedrooms 3
  • Bathrooms 2
  • Area (sqft) 1421
  • Living Area (sqft) 1361
  • Foundation Slab
  • Min Lease Slab

Interior Features

  • Living Room/Dining Room Combo

Buy Price

$
$204,995.00

Rental Price

$
$1,800.00
  • Cap Rate
  • 8.9%
  • Gross Yield
  • 10.5%
  • Lease End Date
  • February 28, 2027
  • Rent Amount

  • $1,800.00

Cash Flow

Cap Rate8.9 Gross Yield10.5% Annual Rent$21,600.00 Property Taxes$3,323.36 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $21,600.00 $1,800.00 / mo $108,000.00 $1,800.00 / mo $216,000.00 $1,800.00 / mo
Estimated Expenses $3,323.36 $16,616.80 $33,233.60
Net Cash Flow $18,276.64 $91,383.20 $182,766.40

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