8475 NE 16TH TER (MLS: OM656976) For Sale

8475 NE 16TH TER, (Marion), Ocala Florida 34479

Currently Rented at $10,000.00 / month

Area: -

Property Info

  • MLS OM656976
  • Unit No -
  • Bedrooms 4
  • Bathrooms 6
  • Area (sqft) -
  • Living Area (sqft) 5364
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $1,183.33

Interior Features

  • Ceiling Fans(s)
  • Wet Bar

Buy Price

$
$2,300,000.00

Rental Price

$
$10,000.00
  • Cap Rate
  • 3.6%
  • Gross Yield
  • 5.2%
  • Lease End Date
  • -

  • Rent Amount
  • $10,000.00

Cash Flow

Cap Rate3.6 Gross Yield5.2% Annual Rent$120,000.00 Property Taxes$23,045.90 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $120,000.00 $10,000.00 / mo $600,000.00 $10,000.00 / mo $1,200,000.00 $10,000.00 / mo
Estimated Expenses $23,045.90 $115,229.50 $230,459.00
Net Cash Flow $96,954.10 $484,770.50 $969,541.00
HOA Fees $14,199.96 $70,999.80 $141,999.60