Ocean Drive 100 #806 (MLS: PR9121296) For Sale

Ocean Drive 100 #806, (), 00773

Currently Rented at $1,600.00 / month

Area: 600

Property Info

  • MLS PR9121296
  • Unit No 806
  • Bedrooms 1
  • Bathrooms 1
  • Area (sqft) 600
  • Living Area (sqft) 600
  • Foundation Concrete Perimeter
  • Min Lease Concrete Perimeter
  • HOA Fees $154.00

Interior Features

  • Cathedral Ceiling(s)
  • Elevator
  • Kitchen/Family Room Combo
  • L Dining
  • Living Room/Dining Room Combo
  • Primary Bedroom Main Floor

Buy Price

$
$239,000.00

Rental Price

$
$1,600.00
  • Cap Rate
  • 7.3%
  • Gross Yield
  • 8%
  • Lease End Date
  • April 30, 2027

  • Rent Amount
  • $1,600.00

Cash Flow

Cap Rate7.3 Gross Yield8% Annual Rent$19,200.00 Property Taxes$0.00 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 $0.00 0 0
Net Cash Flow $19,200.00 $96,000.00 $192,000.00
HOA Fees $1,848.00 $9,240.00 $18,480.00