3421 NE 16TH CT (MLS: S5117406) For Sale

3421 NE 16TH CT, (Marion), Ocala Florida 34479

Currently Rented at $3,500.00 / month

Area: 1472

Property Info

  • MLS S5117406
  • Unit No -
  • Bedrooms 5
  • Bathrooms 4
  • Area (sqft) 1472
  • Living Area (sqft) 1472
  • Foundation Other
  • Min Lease Other

Interior Features

  • Split Bedroom

Buy Price

$
$190,000.00

Rental Price

$
$3,500.00
  • Cap Rate
  • 21.2%
  • Gross Yield
  • 22.1%
  • Lease End Date
  • August 31, 2026
  • Rent Amount

  • $3,500.00

Cash Flow

Cap Rate21.2 Gross Yield22.1% Annual Rent$42,000.00 Property Taxes$1,673.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $42,000.00 $3,500.00 / mo $210,000.00 $3,500.00 / mo $420,000.00 $3,500.00 / mo
Estimated Expenses $1,673.00 $8,365.00 $16,730.00
Net Cash Flow $40,327.00 $201,635.00 $403,270.00

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