800 987 STATE ROAD #1604 (MLS: PR9118008) For Sale

800 987 STATE ROAD #1604, (), 00738

Currently Rented at $2,200.00 / month

Area: 1478.6

Property Info

  • MLS PR9118008
  • Unit No 1604
  • Bedrooms 3
  • Bathrooms 3
  • Area (sqft) 1478.6
  • Living Area (sqft) 1478.6
  • Foundation Block, Concrete Perimeter
  • Min Lease Block, Concrete Perimeter
  • HOA Fees $247.00

Interior Features

  • Ceiling Fans(s)
  • Eat-in Kitchen
  • Elevator
  • L Dining
  • Living Room/Dining Room Combo
  • Open Floorplan
  • Solid Surface Counters
  • Solid Wood Cabinets
  • Stone Counters

Buy Price

$
$695,000.00

Rental Price

$
$2,200.00
  • Cap Rate
  • 3.2%
  • Gross Yield
  • 3.8%
  • Lease End Date
  • April 30, 2026

  • Rent Amount
  • $2,200.00

Cash Flow

Cap Rate3.2 Gross Yield3.8% Annual Rent$26,400.00 Property Taxes$1,535.04 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $26,400.00 $2,200.00 / mo $132,000.00 $2,200.00 / mo $264,000.00 $2,200.00 / mo
Estimated Expenses $1,535.04 $7,675.20 $15,350.40
Net Cash Flow $24,864.96 $124,324.80 $248,649.60
HOA Fees $2,964.00 $14,820.00 $29,640.00