231 WATER OAK LN (MLS: S5117105) For Sale

231 WATER OAK LN, (Polk), Davenport Florida 33837

Currently Rented at $2,000.00 / month

Area: -

Property Info

  • MLS S5117105
  • Unit No -
  • Bedrooms 3
  • Bathrooms 2
  • Area (sqft) -
  • Living Area (sqft) 1296
  • Foundation Crawlspace
  • Min Lease Crawlspace

Interior Features

  • Ceiling Fans(s)
  • Open Floorplan

Buy Price

$
$399,999.00

Rental Price

$
$2,000.00
  • Cap Rate
  • 5.5%
  • Gross Yield
  • 6%
  • Lease End Date
  • February 28, 2026

  • Rent Amount
  • $2,000.00

Cash Flow

Cap Rate5.5 Gross Yield6% Annual Rent$24,000.00 Property Taxes$1,984.42 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $24,000.00 $2,000.00 / mo $120,000.00 $2,000.00 / mo $240,000.00 $2,000.00 / mo
Estimated Expenses $1,984.42 $9,922.10 $19,844.20
Net Cash Flow $22,015.58 $110,077.90 $220,155.80