1511 PONCE DE LEON AVE #981 (MLS: PR9122079) For Sale

1511 PONCE DE LEON AVE #981, (), 00909

Currently Rented at $3,500.00 / month

Area: 1255.7

Property Info

  • MLS PR9122079
  • Unit No 981
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 1255.7
  • Living Area (sqft) 1238
  • Foundation Concrete Perimeter
  • Min Lease Concrete Perimeter
  • HOA Fees $536.36

Interior Features

  • Open Floorplan
  • Primary Bedroom Main Floor
  • Walk-In Closet(s)

Buy Price

$
$849,000.00

Rental Price

$
$3,500.00
  • Cap Rate
  • 4.2%
  • Gross Yield
  • 4.9%
  • Lease End Date
  • May 31, 2028
  • Rent Amount

  • $3,500.00

Cash Flow

Cap Rate4.2 Gross Yield4.9% Annual Rent$42,000.00 Property Taxes$0.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $42,000.00 $3,500.00 / mo $210,000.00 $3,500.00 / mo $420,000.00 $3,500.00 / mo
Estimated Expenses $0.00 0 0
Net Cash Flow $42,000.00 $210,000.00 $420,000.00
HOA Fees $6,436.32 $32,181.60 $64,363.20

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