6949 S ATLANTIC AVE (MLS: R4907375) For Sale

6949 S ATLANTIC AVE, (Volusia), New Smyrna Beach Florida 32169

Currently Rented at $7,000.00 / month

Area: -

Property Info

  • MLS R4907375
  • Unit No -
  • Bedrooms 4
  • Bathrooms 3
  • Area (sqft) -
  • Living Area (sqft) 1731
  • Foundation Slab
  • Min Lease Slab

Interior Features

  • Attic Fan
  • Attic Ventilator
  • Cathedral Ceiling(s)
  • Ceiling Fans(s)
  • High Ceilings
  • Master Bedroom Main Floor
  • Open Floorplan
  • Stone Counters
  • Window Treatments

Buy Price

$
$3,200,000.00

Rental Price

$
$7,000.00
  • Cap Rate
  • 1.9%
  • Gross Yield
  • 2.6%
  • Lease End Date
  • March 31, 2024

  • Rent Amount
  • $7,000.00

Cash Flow

Cap Rate1.9 Gross Yield2.6% Annual Rent$84,000.00 Property Taxes$22,037.50 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $84,000.00 $7,000.00 / mo $420,000.00 $7,000.00 / mo $840,000.00 $7,000.00 / mo
Estimated Expenses $22,037.50 $110,187.50 $220,375.00
Net Cash Flow $61,962.50 $309,812.50 $619,625.00