320 OCEAN COURSE AVE (MLS: S5109114) For Sale

320 OCEAN COURSE AVE, (Polk), Davenport Florida 33896

Currently Rented at $3,200.00 / month

Area: -

Property Info

  • MLS S5109114
  • Unit No -
  • Bedrooms 4
  • Bathrooms 3
  • Area (sqft) -
  • Living Area (sqft) 1914
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $485.00

Interior Features

  • Solid Wood Cabinets
  • Stone Counters
  • Thermostat

Buy Price

$
$425,000.00

Rental Price

$
$3,200.00
  • Cap Rate
  • 6%
  • Gross Yield
  • 9%
  • Lease End Date
  • November 30, 2024

  • Rent Amount
  • $3,200.00

Cash Flow

Cap Rate6.0 Gross Yield9% Annual Rent$38,400.00 Property Taxes$6,992.30 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $38,400.00 $3,200.00 / mo $192,000.00 $3,200.00 / mo $384,000.00 $3,200.00 / mo
Estimated Expenses $6,992.30 $34,961.50 $69,923.00
Net Cash Flow $31,407.70 $157,038.50 $314,077.00
HOA Fees $5,820.00 $29,100.00 $58,200.00