625 GREENCOVE TER #120 (MLS: R4911641) For Sale

625 GREENCOVE TER #120, (Seminole), Altamonte Springs Florida 32714

Currently Rented at $1,650.00 / month

Area: 804

Property Info

  • MLS R4911641
  • Unit No 120
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 804
  • Living Area (sqft) 804
  • Foundation Concrete Perimeter
  • Min Lease Concrete Perimeter
  • HOA Fees $499.80

Interior Features

  • Ceiling Fans(s)
  • High Ceilings
  • Living Room/Dining Room Combo
  • Open Floorplan
  • Thermostat
  • Vaulted Ceiling(s)

Buy Price

$
$145,000.00

Rental Price

$
$1,650.00
  • Cap Rate
  • 8%
  • Gross Yield
  • 13.7%
  • Lease End Date
  • January 31, 2027

  • Rent Amount
  • $1,650.00

Cash Flow

Cap Rate8.0 Gross Yield13.7% Annual Rent$19,800.00 Property Taxes$2,137.99 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $19,800.00 $1,650.00 / mo $99,000.00 $1,650.00 / mo $198,000.00 $1,650.00 / mo
Estimated Expenses $2,137.99 $10,689.95 $21,379.90
Net Cash Flow $17,662.01 $88,310.05 $176,620.10
HOA Fees $5,997.60 $29,988.00 $59,976.00