420 BOUCHELLE DR #101 (MLS: OM716466) For Sale

420 BOUCHELLE DR #101, (Volusia), New Smyrna Beach Florida 32169

Currently Rented at $3,000.00 / month

Area: 1602

Property Info

  • MLS OM716466
  • Unit No 101
  • Bedrooms 3
  • Bathrooms 3
  • Area (sqft) 1602
  • Living Area (sqft) 1602
  • Foundation Block
  • Min Lease Block
  • HOA Fees $460.00

Interior Features

  • Ceiling Fans(s)
  • Primary Bedroom Main Floor
  • Thermostat
  • Walk-In Closet(s)

Buy Price

$
$415,000.00

Rental Price

$
$3,000.00
  • Cap Rate
  • 6.2%
  • Gross Yield
  • 8.7%
  • Lease End Date
  • April 01, 2026

  • Rent Amount
  • $3,000.00

Cash Flow

Cap Rate6.2 Gross Yield8.7% Annual Rent$36,000.00 Property Taxes$4,702.50 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $36,000.00 $3,000.00 / mo $180,000.00 $3,000.00 / mo $360,000.00 $3,000.00 / mo
Estimated Expenses $4,702.50 $23,512.50 $47,025.00
Net Cash Flow $31,297.50 $156,487.50 $312,975.00
HOA Fees $5,520.00 $27,600.00 $55,200.00