3124 US HIGHWAY 441 SE #I-4 (MLS: OK224587) For Sale

3124 US HIGHWAY 441 SE #I-4, (Okeechobee), Okeechobee Florida 34974

Currently Rented at $1,600.00 / month

Area: -

Property Info

  • MLS OK224587
  • Unit No I-4
  • Bedrooms 2
  • Bathrooms 1
  • Area (sqft) -
  • Living Area (sqft) 1000
  • Foundation Slab
  • Min Lease Slab

Interior Features

  • Ceiling Fans(s)
  • Living Room/Dining Room Combo
  • Primary Bedroom Main Floor
  • Thermostat
  • Walk-In Closet(s)
  • Window Treatments

Buy Price

$
$215,000.00

Rental Price

$
$1,600.00
  • Cap Rate
  • 8.2%
  • Gross Yield
  • 8.9%
  • Lease End Date
  • July 01, 2025

  • Rent Amount
  • $1,600.00

Cash Flow

Cap Rate8.2 Gross Yield8.9% Annual Rent$19,200.00 Property Taxes$1,533.73 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $19,200.00 $1,600.00 / mo $96,000.00 $1,600.00 / mo $192,000.00 $1,600.00 / mo
Estimated Expenses $1,533.73 $7,668.65 $15,337.30
Net Cash Flow $17,666.27 $88,331.35 $176,662.70