848 SE 23RD ST (MLS: OM707745) For Sale

848 SE 23RD ST, (Marion), Ocala Florida 34471

Currently Rented at $2,500.00 / month

Area: 2242

Property Info

  • MLS OM707745
  • Unit No -
  • Bedrooms 3
  • Bathrooms 2
  • Area (sqft) 2242
  • Living Area (sqft) 1716
  • Foundation Block, Slab
  • Min Lease Block, Slab

Interior Features

  • Ceiling Fans(s)
  • Eat-in Kitchen
  • Living Room/Dining Room Combo
  • Open Floorplan
  • Primary Bedroom Main Floor
  • Solid Wood Cabinets
  • Thermostat
  • Window Treatments

Buy Price

$
$375,000.00

Rental Price

$
$2,500.00
  • Cap Rate
  • 6.9%
  • Gross Yield
  • 8%
  • Lease End Date
  • August 31, 2026

  • Rent Amount
  • $2,500.00

Cash Flow

Cap Rate6.9 Gross Yield8% Annual Rent$30,000.00 Property Taxes$4,077.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $30,000.00 $2,500.00 / mo $150,000.00 $2,500.00 / mo $300,000.00 $2,500.00 / mo
Estimated Expenses $4,077.00 $20,385.00 $40,770.00
Net Cash Flow $25,923.00 $129,615.00 $259,230.00