6126 FOREST RIDGE WAY (MLS: S5103139) For Sale

6126 FOREST RIDGE WAY, (Polk), Winter Haven Florida 33881

Currently Rented at $1,800.00 / month

Area: -

Property Info

  • MLS S5103139
  • Unit No -
  • Bedrooms 3
  • Bathrooms 2
  • Area (sqft) -
  • Living Area (sqft) 1774
  • Foundation Slab, Stilt/On Piling
  • Min Lease Slab, Stilt/On Piling
  • HOA Fees $90.33

Interior Features

  • Attic Fan
  • Ceiling Fans(s)
  • Eat-in Kitchen
  • High Ceilings
  • Open Floorplan
  • Primary Bedroom Main Floor
  • Solid Surface Counters
  • Solid Wood Cabinets

Buy Price

$
$296,500.00

Rental Price

$
$1,800.00
  • Cap Rate
  • 6%
  • Gross Yield
  • 7.3%
  • Lease End Date
  • September 13, 2024

  • Rent Amount
  • $1,800.00

Cash Flow

Cap Rate6.0 Gross Yield7.3% Annual Rent$21,600.00 Property Taxes$2,625.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $21,600.00 $1,800.00 / mo $108,000.00 $1,800.00 / mo $216,000.00 $1,800.00 / mo
Estimated Expenses $2,625.00 $13,125.00 $26,250.00
Net Cash Flow $18,975.00 $94,875.00 $189,750.00
HOA Fees $1,083.96 $5,419.80 $10,839.60