1403 RICHMOND RD (MLS: OM719400) For Sale

1403 RICHMOND RD, (Polk), Lakeland Florida 33801

Currently Rented at $1,600.00 / month

Area: 1112

Property Info

  • MLS OM719400
  • Unit No -
  • Bedrooms 3
  • Bathrooms 1
  • Area (sqft) 1112
  • Living Area (sqft) 846
  • Foundation Slab
  • Min Lease Slab

Interior Features

  • Other

Buy Price

$
$209,000.00

Rental Price

$
$1,600.00
  • Cap Rate
  • 8%
  • Gross Yield
  • 9.2%
  • Lease End Date
  • -

  • Rent Amount
  • $1,600.00

Cash Flow

Cap Rate8.0 Gross Yield9.2% Annual Rent$19,200.00 Property Taxes$2,432.60 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 $2,432.60 $12,163.00 $24,326.00
Net Cash Flow $16,767.40 $83,837.00 $167,674.00